PT Indofood CBP Sukses Makmur Tbk (OTCMKTS:PIFFY) Sees Significant Drop in Short Interest

PT Indofood CBP Sukses Makmur Tbk (OTCMKTS:PIFFY) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 500 shares, a decrease of 64.3% from the September 15th total of 1,400 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 2.5 days.

OTCMKTS:PIFFY remained flat at $$12.64 during trading hours on Thursday. PT Indofood CBP Sukses Makmur Tbk has a twelve month low of $10.77 and a twelve month high of $15.71. The business has a fifty day moving average of $11.92.

The company also recently announced a dividend, which was paid on Wednesday, October 13th. Shareholders of record on Monday, September 13th were given a dividend of $0.3012 per share. The ex-dividend date of this dividend was Friday, September 10th. This represents a yield of 2.61%.

About PT Indofood CBP Sukses Makmur Tbk

PT Indofood CBP Sukses Makmur Tbk engages in the manufacture and production of foods. It operates through the following segments: Noodles Division, Dairy Division, Food Seasonings Division, Snack Foods Division, Nutrition and Special Foods Division, and Beverages Division. The Noodles Division produces and markets instant bag noodles, cup noodles, egg noodles, and vermicelli.

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