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PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY – Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 16,060 shares, an increase of 233.7% from the August 31st total of 4,812 shares. Based on an average trading volume of 3,039 shares, the short-interest ratio is presently 5.3 days.
PT Bank Negara Indonesia (Persero) Tbk Stock Performance
PT Bank Negara Indonesia (Persero) Tbk stock traded down $0.32 on Friday, hitting $9.78. 596 shares of the stock traded hands, compared to its average volume of 1,067. PT Bank Negara Indonesia has a 1 year low of $8.38 and a 1 year high of $14.99. The business’s fifty day simple moving average is $10.28 and its 200 day simple moving average is $10.63.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of PT Bank Negara Indonesia (Persero) Tbk from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, PT Bank Negara Indonesia (Persero) Tbk has an average rating of “Hold”.
PT Bank Negara Indonesia (Persero) Tbk Company Profile
PT Bank Negara Indonesia (Persero) Tbk, commonly known as BNI, is an Indonesian state-owned commercial bank headquartered in Jakarta. Established in 1946, it is one of Indonesia’s largest banking institutions and provides financial services to individuals, businesses, corporations and government-related entities.
BNI’s services include savings and checking accounts, consumer and mortgage lending, credit cards, payments, remittances, commercial and corporate loans, trade finance, cash management, treasury services and investment-related banking.
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