PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) Short Interest Update

PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) saw a large growth in short interest in April. As of April 15th, there was short interest totaling 534 shares, a growth of 165.7% from the March 31st total of 201 shares. Based on an average daily trading volume, of 316 shares, the days-to-cover ratio is currently 1.7 days.

PT Semen Indonesia (Persero) Tbk Stock Performance

Shares of PSGTY opened at $2.94 on Friday. PT Semen Indonesia has a 1-year low of $2.75 and a 1-year high of $3.42. The company has a 50-day moving average of $2.99 and a 200 day moving average of $3.12.

About PT Semen Indonesia (Persero) Tbk

PT Semen Indonesia (Persero) Tbk is Indonesia’s first cement producer, founded in 1957 as NV Semen Gresik and later converted into a state-owned perseroan terbatas under the Ministry of State-Owned Enterprises. The company operates as an integrated building materials group, manufacturing a diverse range of cement products, including ordinary Portland cement, composite cement and specialty cement grades designed for various construction applications.

Headquartered in Gresik, East Java, PT Semen Indonesia maintains production facilities across multiple regions in Indonesia.