PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Sees Large Decrease in Short Interest

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 300 shares, a decrease of 80.0% from the March 15th total of 1,500 shares. Based on an average trading volume of 2,700 shares, the days-to-cover ratio is currently 0.1 days.

PT Adaro Energy Indonesia Tbk Stock Down 2.5 %

Shares of PT Adaro Energy Indonesia Tbk stock opened at $8.20 on Friday. The stock’s fifty day moving average is $8.22 and its two-hundred day moving average is $8.30. PT Adaro Energy Indonesia Tbk has a 52 week low of $7.04 and a 52 week high of $10.47.

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.