PT Gudang Garam Tbk (OTCMKTS:GDNGY) Short Interest Up 84.4% in August

PT Gudang Garam Tbk (OTCMKTS:GDNGY) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,112 shares, an increase of 84.4% from the July 30th total of 603 shares. Based on an average trading volume of 1,467 shares, the short-interest ratio is presently 0.8 days.

PT Gudang Garam Tbk Stock Performance

Shares of OTCMKTS GDNGY remained flat at $4.41 on Friday. PT Gudang Garam Tbk has a 12-month low of $2.10 and a 12-month high of $4.85. The business has a fifty day moving average price of $4.03 and a two-hundred day moving average price of $3.69.

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.