PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) Short Interest Update

PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 1,200 shares, a decrease of 33.3% from the December 31st total of 1,800 shares. Based on an average trading volume of 500 shares, the short-interest ratio is presently 2.4 days.

PT Indofood Sukses Makmur Tbk Stock Performance

Shares of PIFMY opened at $22.26 on Thursday. The company’s 50-day moving average price is $24.21 and its 200 day moving average price is $22.75. PT Indofood Sukses Makmur Tbk has a 12-month low of $16.56 and a 12-month high of $27.43.

About PT Indofood Sukses Makmur Tbk

PT Indofood Sukses Makmur Tbk operates as a food solutions company in Indonesia, the Middle East, Africa, rest of Asia, internationally. It operates through Consumer Branded Products Business Group, Bogasari Business Group, Agribusiness Group, and Distribution Business Group segments. It offers noodles; ultra-high temperature (UHT), sterilized bottled, evaporated, pasteurized liquid, UHT multi-cereal, and powdered milk; milk-flavored and cereal powdered drinks, sweetened condensed creamer, ice cream, and butter; potato, cassava, soybean, corn, and various extruded snacks; recipe mixes, soy and chili sauce, tomato sauce, and stock soup; baby cereals; rice puffs, crunchies, biscuits, puddings, noodle soup, and pasta; cereal snacks for children; and ready-to-drink tea, packaged water, and fruit-flavored drinks.