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PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,995 shares, an increase of 149.7% from the September 30th total of 799 shares. Based on an average trading volume of 1,402 shares, the short-interest ratio is currently 1.4 days.
PT Semen Indonesia (Persero) Tbk Stock Down 4.0%
PT Semen Indonesia (Persero) Tbk stock opened at $1.56 on Friday. PT Semen Indonesia has a 12 month low of $1.45 and a 12 month high of $3.42. The stock’s 50 day moving average is $1.77 and its 200-day moving average is $2.27.
About PT Semen Indonesia (Persero) Tbk
PT Semen Indonesia (Persero) Tbk, also known as SIG, is an Indonesian state-controlled building materials company and one of the country’s largest cement producers. The company manufactures and distributes cement for residential, commercial and infrastructure construction projects.
SIG’s product portfolio includes various types of cement, ready-mix concrete and aggregates. Through its subsidiaries and related businesses, the company also provides construction-material solutions, logistics and supporting services.
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