PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 1,995 shares, an increase of 149.7% from the September 30th total of 799 shares. Based on an average daily volume of 1,402 shares, the short-interest ratio is currently 1.4 days.
PT Semen Indonesia (Persero) Tbk Price Performance
PSGTY remained flat at $1.56 during trading on Friday. PT Semen Indonesia has a twelve month low of $1.45 and a twelve month high of $3.42. The stock has a 50 day simple moving average of $1.76 and a 200 day simple moving average of $2.26.
PT Semen Indonesia (Persero) Tbk Company Profile
PT Semen Indonesia (Persero) Tbk, also known as SIG, is an Indonesian state-controlled building materials company and one of the country’s largest cement producers. The company manufactures and distributes cement for residential, commercial and infrastructure construction projects.
SIG’s product portfolio includes various types of cement, ready-mix concrete and aggregates. Through its subsidiaries and related businesses, the company also provides construction-material solutions, logistics and supporting services.
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