PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY – Get Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 2,099 shares, an increase of 1,308.7% from the April 15th total of 149 shares. Based on an average daily trading volume, of 9,985 shares, the days-to-cover ratio is currently 0.2 days.
Analyst Ratings Changes
Separately, Zacks Research raised shares of PT Bank Negara Indonesia (Persero) Tbk to a “hold” rating in a research note on Thursday, April 30th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.
Check Out Our Latest Research Report on PTBRY
PT Bank Negara Indonesia (Persero) Tbk Stock Performance
PT Bank Negara Indonesia (Persero) Tbk Company Profile
PT Bank Negara Indonesia (Persero) Tbk, commonly known as BNI, is one of Indonesia’s oldest and largest state-owned commercial banks. Established in 1946 shortly after the country’s independence, BNI was originally tasked with financing the fledgling republic’s economic development. Over the decades, it has grown into a diversified financial institution offering an array of banking services for retail, small and medium-sized enterprises (SMEs), corporates and institutional clients.
BNI’s core business activities encompass corporate and commercial banking, consumer and retail lending, trade finance, treasury and cash management, as well as wealth management products.
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