Short Interest in PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) Declines By 22.2%

PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) was the target of a significant drop in short interest in 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 currently 28.0 days.

PT Semen Indonesia (Persero) Tbk Stock Performance

Shares of OTCMKTS PSGTY remained flat at $4.65 during mid-day trading on Friday. PT Semen Indonesia has a 12 month low of $4.18 and a 12 month high of $8.58. The company’s 50 day simple moving average is $4.92 and its 200 day simple moving average is $5.65.

About PT Semen Indonesia (Persero) Tbk

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.