PT. Mitra Adiperkasa Tbk (OTCMKTS:PMDKY) Sees Significant Drop in Short Interest

PT. Mitra Adiperkasa Tbk (OTCMKTS:PMDKY – Get Free Report) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 31 shares, a decrease of 77.2% from the September 30th total of 136 shares. Based on an average daily volume of 3 shares, the short-interest ratio is currently 10.3 days.

PT. Mitra Adiperkasa Tbk Stock Performance

OTCMKTS PMDKY remained flat at $14.97 on Wednesday. The company’s 50 day simple moving average is $15.75 and its 200 day simple moving average is $13.73. PT. Mitra Adiperkasa Tbk has a 52-week low of $14.97 and a 52-week high of $17.66.

PT. Mitra Adiperkasa Tbk Company Profile

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PT Mitra Adiperkasa Tbk is an Indonesian lifestyle retail company that operates stores and digital channels across several consumer categories. Its business includes fashion, sports, department stores, children’s products, beauty and cosmetics, travel retail, and food and beverage.

The company manages a portfolio of international and local brands through a range of retail concepts. Its brand and business portfolio has included names such as Zara, Marks & Spencer, Nike, Adidas, Sephora, Starbucks, and Burger King, although the specific brands and operating arrangements may change over time.

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