PT Unilever Indonesia Tbk (OTCMKTS:UNLRY – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 477 shares, a decline of 51.3% from the August 15th total of 980 shares. Based on an average trading volume of 431 shares, the days-to-cover ratio is currently 1.1 days.
PT Unilever Indonesia Tbk Stock Down 16.3%
OTCMKTS:UNLRY opened at $1.80 on Tuesday. PT Unilever Indonesia Tbk has a 52 week low of $1.73 and a 52 week high of $3.20. The firm’s 50-day simple moving average is $2.02 and its 200 day simple moving average is $2.07.
About PT Unilever Indonesia Tbk
PT Unilever Indonesia Tbk is one of the leading consumer goods companies in Indonesia, offering a wide range of products across home care, personal care, and food and refreshment categories. Established in the early 1930s, the company has grown from a small import business to a major manufacturer with multiple production facilities and a nationwide distribution network.
In the personal care segment, Unilever Indonesia’s portfolio includes well-known brands such as Lifebuoy, Dove, Sunsilk and Pepsodent.
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