Short Interest in PT Gudang Garam Tbk (OTCMKTS:GDNGY) Grows By 4,141.6%

PT Gudang Garam Tbk (OTCMKTS:GDNGY) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 7,550 shares, an increase of 4,141.6% from the May 14th total of 178 shares. Based on an average trading volume of 3,490 shares, the short-interest ratio is currently 2.2 days.

PT Gudang Garam Tbk Trading Down 20.4%

GDNGY stock opened at $3.01 on Thursday. The firm has a 50 day moving average of $3.48 and a 200-day moving average of $3.50. PT Gudang Garam Tbk has a 12-month low of $1.95 and a 12-month high of $4.26.

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. It is also involved in trading business; and provision of safety protective equipment, and investment and construction services.