PT Vale Indonesia Tbk (OTCMKTS:PTNDY) Short Interest Up 100.0% in February

PT Vale Indonesia Tbk (OTCMKTS:PTNDY) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 400 shares, a growth of 100.0% from the January 31st total of 200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 4.0 days.

PT Vale Indonesia Tbk Stock Performance

Shares of OTCMKTS PTNDY remained flat at $8.59 during midday trading on Friday. PT Vale Indonesia Tbk has a 52-week low of $8.59 and a 52-week high of $14.84. The stock’s 50 day simple moving average is $10.35 and its 200 day simple moving average is $11.65.

About PT Vale Indonesia Tbk

PT Vale Indonesia Tbk engages in the mining and processing of nickel in Indonesia. It is also involved in the non-iron metal manufacturing industry. The company was formerly known as PT International Nickel Indonesia Tbk and changed its name to PT Vale Indonesia Tbk in September 2011. The company was incorporated in 1968 and is headquartered in Jakarta, Indonesia.