Short Interest in PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) Increases By 33.3%

PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 800 shares, a growth of 33.3% from the March 15th total of 600 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is presently 1.0 days.

PT Indofood Sukses Makmur Tbk Stock Performance

PT Indofood Sukses Makmur Tbk stock opened at $21.55 on Friday. The company has a 50-day simple moving average of $22.03 and a 200-day simple moving average of $23.22. PT Indofood Sukses Makmur Tbk has a one year low of $16.56 and a one year high of $27.43.

PT Indofood Sukses Makmur Tbk Company Profile

PT Indofood Sukses Makmur Tbk operates as a food solutions company in Indonesia, the Middle East, Africa, rest of Asia, internationally. It operates through Consumer Branded Products Business Group, Bogasari Business Group, Agribusiness Group, and Distribution Business Group segments. It offers noodles; ultra-high temperature (UHT), sterilized bottled, evaporated, pasteurized liquid, UHT multi-cereal, and powdered milk; milk-flavored and cereal powdered drinks, sweetened condensed creamer, ice cream, and butter; potato, cassava, soybean, corn, and various extruded snacks; recipe mixes, soy and chili sauce, tomato sauce, and stock soup; baby cereals; rice puffs, crunchies, biscuits, puddings, noodle soup, and pasta; cereal snacks for children; and ready-to-drink tea, packaged water, and fruit-flavored drinks.