PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 999 shares, a decrease of 77.1% from the August 31st total of 4,370 shares. Based on an average daily volume of 7,693 shares, the short-interest ratio is presently 0.1 days.
PT Semen Indonesia (Persero) Tbk Stock Down 2.6%
Shares of PSGTY traded down $0.04 during mid-day trading on Friday, hitting $1.72. 100 shares of the company’s stock were exchanged, compared to its average volume of 2,003. The stock’s 50-day moving average is $1.74 and its 200-day moving average is $2.13. PT Semen Indonesia has a fifty-two week low of $1.50 and a fifty-two week high of $3.42.
About PT Semen Indonesia (Persero) Tbk
PT Semen Indonesia (Persero) Tbk, also known as SIG, is an Indonesian state-owned building materials company and one of the country’s largest cement producers. The company manufactures and distributes cement for residential, commercial, infrastructure, and industrial construction projects.
In addition to cement, SIG offers related building materials and services, including ready-mix concrete, precast concrete, aggregates, and construction solutions. Its portfolio includes established Indonesian cement brands such as Semen Gresik, Semen Padang, and Semen Tonasa, serving customers through distribution networks across the Indonesian market.
The company traces its origins to the establishment of Semen Gresik in 1957.
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