PT Gudang Garam Tbk (OTCMKTS:GDNGY) Sees Significant Increase in Short Interest

PT Gudang Garam Tbk (OTCMKTS:GDNGY) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 1,488 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 2,481 shares, the short-interest ratio is currently 0.6 days.

PT Gudang Garam Tbk Stock Performance

GDNGY remained flat at $3.64 during trading on Wednesday. The company’s stock had a trading volume of 20 shares, compared to its average volume of 3,115. PT Gudang Garam Tbk has a one year low of $1.95 and a one year high of $4.26. The stock’s 50-day moving average price is $3.64 and its 200 day moving average price is $3.53.

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.