PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Sees Large Decrease in Short Interest

by · The Cerbat Gem

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY – Get Free Report) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 500 shares, a decrease of 68.8% from the August 31st total of 1,600 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is presently 0.2 days.

PT Adaro Energy Indonesia Tbk Price Performance

OTCMKTS:ADOOY opened at $13.00 on Friday. The stock has a 50 day moving average of $11.13 and a 200-day moving average of $9.45. PT Adaro Energy Indonesia Tbk has a 52 week low of $7.49 and a 52 week high of $13.66.

About PT Adaro Energy Indonesia Tbk

(Get Free Report)

PT Adaro Energy Indonesia Tbk, together with its subsidiaries, engages in coal and mining business in Indonesia. It operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. The company provides trading, transportation, warehousing, quarrying, cargo handling, and mining and transportation support services.

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