PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) Short Interest Up 1,266,666.7% in August

PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 228,018 shares, a growth of 1,266,666.7% from the August 15th total of 18 shares. Based on an average trading volume of 22 shares, the short-interest ratio is presently 10,364.5 days.

PT Bank Rakyat Indonesia (Persero) Tbk Stock Performance

OTCMKTS BKRKF remained flat at $0.18 on Thursday. The business has a 50 day moving average of $0.17 and a two-hundred day moving average of $0.18. PT Bank Rakyat Indonesia has a 12-month low of $0.13 and a 12-month high of $0.27.

About PT Bank Rakyat Indonesia (Persero) Tbk

PT Bank Rakyat Indonesia (Persero) Tbk is a state‐owned commercial bank headquartered in Jakarta, Indonesia. As one of the country’s largest lenders by assets, the company primarily focuses on serving micro, small and medium enterprises (MSMEs) and retail customers. Its core mission revolves around supporting financial inclusion through a range of lending and deposit products designed to meet the needs of rural and urban communities alike.

The bank’s product portfolio includes microloans, agricultural financing, consumer loans and small business credit, alongside traditional corporate banking services.