PT Bumi Resources Tbk (OTCMKTS:PBMRF) Sees Significant Growth in Short Interest

PT Bumi Resources Tbk (OTCMKTS:PBMRF) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 1,695,100 shares, a growth of 35,214.6% from the August 31st total of 4,800 shares. Based on an average trading volume of 350,800 shares, the days-to-cover ratio is currently 4.8 days. Based on an average trading volume of 350,800 shares, the days-to-cover ratio is currently 4.8 days.

PT Bumi Resources Tbk Stock Performance

OTCMKTS:PBMRF opened at $0.01 on Thursday. PT Bumi Resources Tbk has a twelve month low of $0.00 and a twelve month high of $0.04.

About PT Bumi Resources Tbk

PT Bumi Resources Tbk, together with its subsidiaries, engages in the mining activities in Indonesia. It operates through Holding Company, Coal, Services, Oil and Gas, and Gold segments. The company engages in the exploration, exploitation, mining, and sale of coal deposits; offers marketing and management services; and explores for oil and gas properties, as well as gold properties.