Short Interest in PT Gudang Garam Tbk (OTC:GDNGY) Drops By 40.0%

PT Gudang Garam Tbk (OTC:GDNGY) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 900 shares, a decrease of 40.0% from the August 31st total of 1,500 shares. Based on an average trading volume of 17,800 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 17,800 shares, the days-to-cover ratio is currently 0.1 days.

PT Gudang Garam Tbk Trading Up 1.6%

OTC:GDNGY opened at $3.05 on Tuesday. PT Gudang Garam Tbk has a 12-month low of $1.80 and a 12-month high of $4.25. The stock has a fifty day moving average price of $2.46 and a 200 day moving average price of $2.37.

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.