PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Short Interest Up 453.8% in March

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 7,200 shares, a growth of 453.8% from the March 15th total of 1,300 shares. Based on an average daily volume of 5,300 shares, the short-interest ratio is currently 1.4 days.

PT Adaro Energy Indonesia Tbk Trading Up 3.9 %

OTCMKTS ADOOY traded up $0.19 during trading on Monday, hitting $5.00. The stock had a trading volume of 15,031 shares, compared to its average volume of 5,266. PT Adaro Energy Indonesia Tbk has a 12 month low of $4.53 and a 12 month high of $15.50. The company’s 50-day moving average price is $5.95 and its two-hundred day moving average price is $9.03.

PT Adaro Energy Indonesia Tbk Company Profile

PT Adaro Energy Indonesia Tbk, together with its subsidiaries, engages in coal and mining business in Indonesia. It operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. The company provides trading, transportation, warehousing, quarrying, cargo handling, and mining and transportation support services.