PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) Shares Shorted: Short Interest Up 3,749,666.7% in October

PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 674,958 shares, an increase of 3,749,666.7% from the September 30th total of 18 shares. Based on an average trading volume of 9,296 shares, the days-to-cover ratio is presently 72.6 days.

PT Bank Rakyat Indonesia (Persero) Tbk Stock Performance

OTCMKTS BKRKF remained flat at $0.17 on Monday. PT Bank Rakyat Indonesia has a one year low of $0.13 and a one year high of $0.27. The business has a fifty day moving average price of $0.18 and a 200-day moving average price of $0.17.

About PT Bank Rakyat Indonesia (Persero) Tbk

PT Bank Rakyat Indonesia (Persero) Tbk, commonly known as Bank Rakyat Indonesia or BRI, is an Indonesian state-owned financial institution focused primarily on serving micro, small and medium-sized enterprises (MSMEs), as well as retail, commercial and corporate customers. The bank provides savings and current accounts, consumer and business lending, working-capital and investment loans, payment services, treasury products and other conventional banking services.

BRI distributes its products through a broad network of branches, smaller service outlets, agents and digital banking platforms across Indonesia.