PT Gudang Garam Tbk (OTCMKTS:GDNGY) Short Interest Update

PT Gudang Garam Tbk (OTCMKTS:GDNGY) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 603 shares, a decrease of 60.3% from the July 15th total of 1,517 shares. Based on an average daily trading volume, of 1,273 shares, the short-interest ratio is presently 0.5 days.

PT Gudang Garam Tbk Stock Performance

Shares of GDNGY opened at $4.45 on Friday. PT Gudang Garam Tbk has a fifty-two week low of $1.95 and a fifty-two week high of $4.85. The firm has a 50-day simple moving average of $3.80 and a 200-day simple moving average of $3.63.

About PT Gudang Garam Tbk

PT Gudang Garam Tbk, together with its subsidiaries, engages in the manufacture and sale of cigarettes in Indonesia and internationally. The company operates through Cigarettes, Paperboards, Infrastructure, and Others segments. It offers hand-rolled, machine-made, and klobot clove cigarettes. The company markets its products under the Gudang Garam Family, Surya Family, and GG Family brand names. It is also involved in trading business; and provision of safety protective equipment, and investment and construction services.