PT. Mitra Adiperkasa Tbk (OTCMKTS:PMDKY) Shares Shorted: Short Interest Down 77.2% in October

PT. Mitra Adiperkasa Tbk (OTCMKTS:PMDKY) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 31 shares, a decline of 77.2% from the September 30th total of 136 shares. Based on an average trading volume of 3 shares, the short-interest ratio is presently 10.3 days.

PT. Mitra Adiperkasa Tbk Stock Performance

OTCMKTS PMDKY opened at $14.97 on Thursday. The stock’s 50-day simple moving average is $15.79 and its two-hundred day simple moving average is $13.74. PT. Mitra Adiperkasa Tbk has a twelve month low of $14.97 and a twelve month high of $17.66.

About PT. Mitra Adiperkasa Tbk

PT Mitra Adiperkasa Tbk is an Indonesian lifestyle retail company that operates stores and digital channels across several consumer categories. Its business includes fashion, sports, department stores, children’s products, beauty and cosmetics, travel retail, and food and beverage.

The company manages a portfolio of international and local brands through a range of retail concepts. Its brand and business portfolio has included names such as Zara, Marks & Spencer, Nike, Adidas, Sephora, Starbucks, and Burger King, although the specific brands and operating arrangements may change over time.