PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Short Interest Up 82.7% in July

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 189,239 shares, a growth of 82.7% from the June 30th total of 103,602 shares. Based on an average daily trading volume, of 1,720,715 shares, the short-interest ratio is currently 0.1 days.

PT Bank Central Asia Tbk Trading Down 1.0%

PBCRY stock traded down $0.09 during mid-day trading on Friday, reaching $8.72. The company’s stock had a trading volume of 14,504 shares, compared to its average volume of 370,096. The business’s 50 day moving average price is $8.32 and its 200 day moving average price is $9.49. PT Bank Central Asia Tbk has a 12 month low of $6.64 and a 12 month high of $14.14.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of PT Bank Central Asia Tbk to a “hold” rating in a research report on Tuesday, April 28th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

About PT Bank Central Asia Tbk

PT Bank Central Asia Tbk, commonly known as Bank BCA, is one of Indonesia’s leading banking institutions. Established in 1957 and headquartered in Jakarta, the bank provides a comprehensive range of financial products and services to retail, small and medium-sized enterprises (SMEs), and corporate clients. Bank BCA is listed on the Indonesia Stock Exchange under the ticker BBCA and trades in the United States through American Depositary Receipts on the OTC Markets under the symbol PBCRY.

The bank’s core business activities span consumer banking, SME and corporate lending, treasury operations, and transaction banking.