Short Interest in PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Drops By 87.3%

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 23,951 shares, a decrease of 87.3% from the July 15th total of 189,239 shares. Based on an average daily trading volume, of 570,365 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of PT Bank Central Asia Tbk to a “hold” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, PT Bank Central Asia Tbk currently has a consensus rating of “Hold”.

PT Bank Central Asia Tbk Stock Down 2.0%

Shares of OTCMKTS PBCRY opened at $8.73 on Wednesday. The firm’s 50-day moving average price is $8.41 and its 200-day moving average price is $9.32. PT Bank Central Asia Tbk has a 52-week low of $6.64 and a 52-week high of $14.14.

PT Bank Central Asia Tbk Company Profile

PT Bank Central Asia Tbk, commonly known as Bank BCA, is one of Indonesia’s leading banking institutions. Established in 1957 and headquartered in Jakarta, the bank provides a comprehensive range of financial products and services to retail, small and medium-sized enterprises (SMEs), and corporate clients. Bank BCA is listed on the Indonesia Stock Exchange under the ticker BBCA and trades in the United States through American Depositary Receipts on the OTC Markets under the symbol PBCRY.

The bank’s core business activities span consumer banking, SME and corporate lending, treasury operations, and transaction banking.