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

PT Bank Central Asia Tbk (OTCMKTS:PBCRY – Get Free Report) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 4,779 shares, a decrease of 89.9% from the September 15th total of 47,113 shares. Based on an average trading volume of 369,768 shares, the days-to-cover ratio is presently 0.0 days.

PT Bank Central Asia Tbk Price Performance

OTCMKTS PBCRY traded up $0.18 on Friday, reaching $8.46. 1,059,835 shares of the stock were exchanged, compared to its average volume of 518,081. PT Bank Central Asia Tbk has a one year low of $6.64 and a one year high of $13.52. The company’s 50-day simple moving average is $8.83 and its two-hundred day simple moving average is $8.77.

About PT Bank Central Asia Tbk

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PT Bank Central Asia Tbk (OTCMKTS:PBCRY), commonly known as BCA, is an Indonesian commercial bank headquartered in Jakarta. Established in 1957, the bank provides financial services to individual customers, small and medium-sized businesses, and corporate and institutional clients throughout Indonesia.

BCA’s business activities include collecting deposits, providing consumer and commercial lending, and offering working-capital, investment, and mortgage financing. Its other products and services include payment cards, cash management, trade finance, foreign-exchange services, remittances, securities and investment-related services, and bancassurance through various subsidiaries and partnerships.

The bank serves customers through a nationwide network of branches, automated teller machines, electronic banking channels, and digital platforms.

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