PT Indofood CBP Sukses Makmur Tbk (OTCMKTS:PIFFY) Stock Short Interest Report for September

PT Indofood CBP Sukses Makmur Tbk (OTCMKTS:PIFFY) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 307 shares. Based on an average daily volume of 213 shares, the days-to-cover ratio is currently 1.4 days.

PT Indofood CBP Sukses Makmur Tbk Price Performance

Shares of OTCMKTS:PIFFY opened at $8.00 on Wednesday. The company’s fifty day moving average is $8.12 and its two-hundred day moving average is $8.03. PT Indofood CBP Sukses Makmur Tbk has a 1-year low of $7.41 and a 1-year high of $11.51.

PT Indofood CBP Sukses Makmur Tbk Company Profile

PT Indofood CBP Sukses Makmur Tbk (OTCMKTS:PIFFY) is an Indonesian consumer foods company and a subsidiary of PT Indofood Sukses Makmur Tbk. The company manufactures and markets a broad range of branded food and beverage products for consumers in Indonesia and international markets.

Its principal businesses include instant noodles, dairy products, snack foods, food seasonings, nutrition and special foods, and beverages. The company’s portfolio includes well-known brands such as Indomie, Supermi, Sarimi, Pop Mie, Indomilk, Cap Enaak, Chitato, Qtela, and Promina, although product offerings can vary by market.

Indofood CBP was established in 2009 when Indofood consolidated its consumer branded products operations into a separate company, which subsequently became publicly listed in Indonesia.