PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) Short Interest Down 22.2% in September

PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 2,800 shares, a drop of 22.2% from the August 31st total of 3,600 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 28.0 days.

PT Semen Indonesia (Persero) Tbk Stock Performance

Shares of OTCMKTS:PSGTY remained flat at $4.65 during trading hours on Friday. PT Semen Indonesia has a 1 year low of $4.18 and a 1 year high of $8.58. The firm’s 50-day moving average is $4.92 and its two-hundred day moving average is $5.65.

PT Semen Indonesia (Persero) Tbk Company Profile

PT Semen Indonesia (Persero) Tbk manufactures, packs, and distributes cement in Indonesia and internationally. It operates through Cement Production and Non-Cement Production segments. The company is also involved in limestone and clay mining; cement bag manufacturing; industrial real estate development and building rental; ready-mix concrete and aggregates quarry production; and consulting, mining, trading, transportation, and construction activities.