Short Interest in PT Gudang Garam Tbk (OTCMKTS:GDNGY) Expands By 4,141.6%

PT Gudang Garam Tbk (OTCMKTS:GDNGY) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 7,550 shares, a growth of 4,141.6% from the May 14th total of 178 shares. Based on an average trading volume of 3,490 shares, the short-interest ratio is presently 2.2 days.

PT Gudang Garam Tbk Stock Performance

Shares of GDNGY stock opened at $3.78 on Wednesday. The firm has a fifty day simple moving average of $3.49 and a 200-day simple moving average of $3.51. PT Gudang Garam Tbk has a twelve month low of $1.95 and a twelve month high of $4.26.

PT Gudang Garam Tbk Company Profile

PT Gudang Garam Tbk, together with its subsidiaries, engages in the manufacture and sale of cigarettes in Indonesia and internationally. The company operates through Cigarettes, Paperboards, Infrastructure, and Others segments. It offers hand-rolled, machine-made, and klobot clove cigarettes. The company markets its products under the Gudang Garam Family, Surya Family, and GG Family brand names. It is also involved in trading business; and provision of safety protective equipment, and investment and construction services.