PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) Stock Short Interest Climbs 149.7%

PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,995 shares, a growth of 149.7% from the September 30th total of 799 shares. Based on an average daily volume of 1,402 shares, the short-interest ratio is currently 1.4 days.

PT Semen Indonesia (Persero) Tbk Stock Down 4.0%

PSGTY opened at $1.56 on Friday. PT Semen Indonesia has a 12-month low of $1.45 and a 12-month high of $3.42. The business has a 50 day moving average of $1.77 and a 200-day moving average of $2.27.

PT Semen Indonesia (Persero) Tbk Company Profile

PT Semen Indonesia (Persero) Tbk, also known as SIG, is an Indonesian state-controlled building materials company and one of the country’s largest cement producers. The company manufactures and distributes cement for residential, commercial and infrastructure construction projects.

SIG’s product portfolio includes various types of cement, ready-mix concrete and aggregates. Through its subsidiaries and related businesses, the company also provides construction-material solutions, logistics and supporting services.