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

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 265,235 shares, an increase of 5,450.0% from the September 30th total of 4,779 shares. Based on an average trading volume of 1,956,410 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

PT Bank Central Asia Tbk Price Performance

Shares of PBCRY opened at $6.55 on Wednesday. The firm has a fifty day moving average price of $8.45 and a 200-day moving average price of $9.21. PT Bank Central Asia Tbk has a 12-month low of $6.36 and a 12-month high of $13.52.

PT Bank Central Asia Tbk Company Profile

PT Bank Central Asia Tbk, commonly known as BCA, is an Indonesian commercial bank headquartered in Jakarta. Established in 1957, the bank provides financial services to individuals, small and medium-sized enterprises, and corporate customers across Indonesia.

BCA’s main activities include accepting deposits, providing consumer and commercial loans, issuing credit and debit cards, and offering payment, cash-management, trade-finance, remittance, and treasury services. The bank also operates digital banking platforms and electronic payment services designed to support online and mobile transactions.

Through its subsidiaries and related businesses, BCA provides services including vehicle financing, securities brokerage, insurance, Islamic banking, and digital banking.