PT. Mitra Adiperkasa Tbk (OTCMKTS:PMDKY) Sees Significant Increase in Short Interest

PT. Mitra Adiperkasa Tbk (OTCMKTS:PMDKY) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 36 shares, a growth of 414.3% from the August 15th total of 7 shares. Based on an average daily volume of 5 shares, the days-to-cover ratio is currently 7.2 days.

PT. Mitra Adiperkasa Tbk Price Performance

PT. Mitra Adiperkasa Tbk stock remained flat at $17.66 during trading on Friday. The business’s 50 day simple moving average is $13.97 and its two-hundred day simple moving average is $13.37. PT. Mitra Adiperkasa Tbk has a fifty-two week low of $13.05 and a fifty-two week high of $17.66.

About PT. Mitra Adiperkasa Tbk

PT. Mitra Adiperkasa Tbk engages in the retail trade of clothing, shoes, bags, toys, accessories, and sports equipment in Indonesia, Vietnam, the Philippines, Thailand, and internationally. The company operates through Retail Sales, Department Stores, Café and Restaurant, and Others segments. It operates retail stores, which offers sports equipment and accessories, fashion, kids, food and beverage, toys, cellular phones, tablets, computers, and accessories. The company is also involved in the operation of department stores; café and restaurant business; garment manufacture; and property, investment, bookstore, manufacturing, and handicraft trading activities.