PT Indofood CBP Sukses Makmur Tbk (OTCMKTS:PIFFY) Stock Short Interest Report for October

PT Indofood CBP Sukses Makmur Tbk (OTCMKTS:PIFFY) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 150 shares, a decrease of 51.1% from the September 30th total of 307 shares. Based on an average trading volume of 6 shares, the days-to-cover ratio is presently 25.0 days.

PT Indofood CBP Sukses Makmur Tbk Stock Performance

Shares of PIFFY traded down $0.32 during trading hours on Friday, reaching $6.25. 300 shares of the company’s stock traded hands, compared to its average volume of 400. PT Indofood CBP Sukses Makmur Tbk has a 12 month low of $6.25 and a 12 month high of $11.25. The firm’s 50 day simple moving average is $7.89 and its 200-day simple moving average is $8.35.

About PT Indofood CBP Sukses Makmur Tbk

PT Indofood CBP Sukses Makmur Tbk is an Indonesia-based consumer food products company and a subsidiary of PT Indofood Sukses Makmur Tbk. The company develops, manufactures, and distributes branded food and beverage products for consumers in Indonesia and international markets.

Its principal business segments include noodles, dairy products, snack foods, food seasonings, nutrition and special foods, beverages, and packaging. Its portfolio includes well-known brands such as Indomie, Pop Mie, Chitato, Qtela, Indomilk, and Promina.