Short Interest in PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Expands By 100.0%

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) was the recipient of a large growth in short interest in August. As of August 15th, there was short interest totaling 1,800 shares, agrowthof100.0% from the July 31st total of 900 shares. Based on an average daily volume of 500 shares, the short-interest ratio is currently 3.6 days. Based on an average daily volume of 500 shares, the short-interest ratio is currently 3.6 days.

PT Adaro Energy Indonesia Tbk Trading Down 0.7%

Shares of OTCMKTS:ADOOY opened at $5.44 on Friday. The business’s fifty day moving average price is $5.65 and its two-hundred day moving average price is $5.82. PT Adaro Energy Indonesia Tbk has a one year low of $4.53 and a one year high of $15.50.

PT Adaro Energy Indonesia Tbk Increases Dividend

The business also recently announced a dividend, which was paid on Friday, July 11th. Shareholders of record on Monday, June 23rd were issued a dividend of $0.3397 per share. This is a boost from PT Adaro Energy Indonesia Tbk’s previous dividend of $0.33. The ex-dividend date was Friday, June 20th. This represents a yield of 6,062.0%. PT Adaro Energy Indonesia Tbk’s payout ratio is currently 40.19%.

About PT Adaro Energy Indonesia Tbk

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.