PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Short Interest Update

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 110,130 shares, a growth of 100.0% from the April 30th total of 55,067 shares. Based on an average daily volume of 888,601 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised PT Bank Central Asia Tbk to a “hold” rating in a research note on Tuesday, April 28th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

PT Bank Central Asia Tbk Price Performance

Shares of OTCMKTS PBCRY remained flat at $8.01 during trading on Monday. 275,144 shares of the stock traded hands, compared to its average volume of 306,138. PT Bank Central Asia Tbk has a 12-month low of $7.94 and a 12-month high of $14.30. The company’s 50 day moving average price is $9.15 and its two-hundred day moving average price is $10.72.

PT Bank Central Asia Tbk Company Profile

PT Bank Central Asia Tbk, commonly known as Bank BCA, is one of Indonesia’s leading banking institutions. Established in 1957 and headquartered in Jakarta, the bank provides a comprehensive range of financial products and services to retail, small and medium-sized enterprises (SMEs), and corporate clients. Bank BCA is listed on the Indonesia Stock Exchange under the ticker BBCA and trades in the United States through American Depositary Receipts on the OTC Markets under the symbol PBCRY.

The bank’s core business activities span consumer banking, SME and corporate lending, treasury operations, and transaction banking.