Short Interest in PT Gudang Garam Tbk (OTCMKTS:GDNGY) Rises By 84.4%

PT Gudang Garam Tbk (OTCMKTS:GDNGY) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,112 shares, an increase of 84.4% from the July 30th total of 603 shares. Based on an average daily volume of 1,467 shares, the short-interest ratio is presently 0.8 days.

PT Gudang Garam Tbk Stock Performance

Shares of GDNGY stock remained flat at $4.41 on Monday. PT Gudang Garam Tbk has a fifty-two week low of $2.10 and a fifty-two week high of $4.85. The firm’s 50-day moving average is $4.03 and its 200-day moving average is $3.69.

About PT Gudang Garam Tbk

PT Gudang Garam Tbk, together with its subsidiaries, engages in the manufacture and sale of cigarettes in Indonesia and internationally. The company operates through Cigarettes, Paperboards, Infrastructure, and Others segments. It offers hand-rolled, machine-made, and klobot clove cigarettes. The company markets its products under the Gudang Garam Family, Surya Family, and GG Family brand names. It is also involved in trading business; and provision of safety protective equipment, and investment and construction services.