PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Short Interest Up 800.0% in August

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOYGet Rating) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 900 shares, a growth of 800.0% from the August 15th total of 100 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is currently 0.6 days.

PT Adaro Energy Indonesia Tbk Stock Up 0.9 %

ADOOY opened at $12.98 on Thursday. The firm’s 50-day simple moving average is $10.62 and its 200-day simple moving average is $10.55. PT Adaro Energy Indonesia Tbk has a twelve month low of $4.64 and a twelve month high of $14.06.

About PT Adaro Energy Indonesia Tbk

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PT Adaro Energy Indonesia Tbk, together with its subsidiaries, operates as an integrated energy producer in coal, energy, utilities, and supporting infrastructure sectors in Indonesia. The company operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. It provides coal mining and trading, mining contracting, quarrying, ship loading, mining support services, transportation, coal handling and barging, terminal handling, seaport, agriculture, power plant, trading, warehousing and transportation support, and water and mud treatment services.

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