PT Gudang Garam Tbk (OTC:GDNGY) Short Interest Update

PT Gudang Garam Tbk (OTC:GDNGY) was the recipient of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 1,600 shares, a growth of 166.7% from the May 15th total of 600 shares. Based on an average daily trading volume, of 10,600 shares, the days-to-cover ratio is presently 0.2 days.

PT Gudang Garam Tbk Stock Performance

Shares of GDNGY opened at $2.38 on Friday. PT Gudang Garam Tbk has a 52 week low of $1.80 and a 52 week high of $4.59. The stock’s 50-day moving average price is $2.32 and its 200-day moving average price is $2.70.

PT Gudang Garam Tbk Company Profile

PT Gudang Garam Tbk, together with its subsidiaries, engages in the manufacture and sale of cigarettes in Indonesia and internationally. The company operates through Cigarettes, Paperboards, Infrastructure, and Others segments. It offers hand-rolled, machine-made, and klobot clove cigarettes. The company markets its products under the Gudang Garam Family, Surya Family, and GG Family brand names.