PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) Sees Significant Decline in Short Interest

PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totalling 4,900 shares, a decrease of 14.0% from the December 31st total of 5,700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 49.0 days.

PT Unilever Indonesia Tbk Stock Performance

Shares of PT Unilever Indonesia Tbk stock opened at $2.19 on Monday. The stock’s 50-day moving average is $2.24 and its 200-day moving average is $2.65. PT Unilever Indonesia Tbk has a one year low of $2.08 and a one year high of $4.29.

PT Unilever Indonesia Tbk Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 9th were given a dividend of $0.0517 per share. The ex-dividend date of this dividend was Monday, December 9th. PT Unilever Indonesia Tbk’s dividend payout ratio (DPR) is currently 73.15%.

About PT Unilever Indonesia Tbk

PT Unilever Indonesia Tbk manufactures, markets, and distributes consumer goods in Indonesia. It offers soaps, detergents, dairy based foods, ice creams, savories, soy sauce, cosmetic products, tea-based beverages, and fruit juices. The company provides its products under the Axe, Bango, Buavita, Cif, Citra, Clear, Clear Men, Close Up, Cornetto, Dove, Feast, Feast, Glow & Lovely, Hellmann's, Jawara, Knorr, Lifebuoy, Lipton, Love Beauty & Planet, Lux, Magnum, Molto, Paddle Pop, Pepsodent, Pond's, Pond's Men, Populaire, Rexona, Rinso, Royco, SariWangi, Seru, Simple, St.