PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Sees Significant Decline in Short Interest

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 460,576 shares, a drop of 39.6% from the November 30th total of 763,154 shares. Based on an average daily trading volume, of 753,510 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 753,510 shares, the days-to-cover ratio is currently 0.6 days.

PT Bank Central Asia Tbk Stock Up 0.6%

Shares of OTCMKTS:PBCRY traded up $0.08 during midday trading on Tuesday, reaching $11.96. The company’s stock had a trading volume of 64,501 shares, compared to its average volume of 173,717. The firm has a 50 day moving average of $12.50 and a 200-day moving average of $12.52. PT Bank Central Asia Tbk has a 12-month low of $10.78 and a 12-month high of $15.90.

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.