PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Short Interest Update

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 61 shares, a drop of 37.1% from the June 30th total of 97 shares. Based on an average trading volume of 451 shares, the short-interest ratio is currently 0.1 days.

PT Adaro Energy Indonesia Tbk Price Performance

Shares of ADOOY stock opened at $7.12 on Friday. PT Adaro Energy Indonesia Tbk has a 1 year low of $4.96 and a 1 year high of $7.53. The firm’s fifty day simple moving average is $6.58 and its 200 day simple moving average is $6.79.

PT Adaro Energy Indonesia Tbk Company Profile

PT Adaro Energy Indonesia Tbk is one of Indonesia’s leading integrated energy companies, primarily engaged in the exploration, mining, and trading of thermal coal. Established in 2004 and headquartered in Jakarta, the company’s core operations are centered on its flagship coal mine in South Kalimantan, which comprises the expansive Tutupan and Paringin mining complexes. Adaro Energy’s business model extends beyond coal production to include an integrated logistics network and value-added services designed to optimize supply chain efficiency.

In addition to coal extraction, Adaro Energy operates a comprehensive logistics infrastructure that includes heavy-haul railways, barge fleets, and port facilities.