PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Sees Significant Drop in Short Interest

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 57,600 shares, a decline of 27.2% from the March 31st total of 79,100 shares. Based on an average trading volume of 97,900 shares, the days-to-cover ratio is currently 0.6 days.

PT Bank Central Asia Tbk Price Performance

Shares of PBCRY stock traded down $0.32 during trading hours on Friday, reaching $14.75. The company had a trading volume of 69,761 shares, compared to its average volume of 73,425. PT Bank Central Asia Tbk has a 12-month low of $13.13 and a 12-month high of $17.47. The stock has a fifty day moving average of $15.78 and a 200-day moving average of $15.09.

PT Bank Central Asia Tbk Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 19th. Shareholders of record on Thursday, March 28th were issued a $0.2546 dividend. This is a boost from PT Bank Central Asia Tbk’s previous dividend of $0.05. The ex-dividend date of this dividend was Wednesday, March 27th. PT Bank Central Asia Tbk’s dividend payout ratio is presently 13.05%.

About PT Bank Central Asia Tbk

PT Bank Central Asia Tbk, together with its subsidiaries, provides banking products and services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally. It offers savings accounts; motorcycle financing and vehicle, housing, and personal loans; mutual funds and bonds; insurance, including property, life, accident, auto, health, education, retirement, travel, and heritage protection; electronic money services; credit cards; business collection services; and eBanking, remittance, and customer services.