PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) Sees Large Increase in Short Interest

PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 595,218 shares, a growth of 3,306,666.7% from the July 15th total of 18 shares. Based on an average daily volume of 2,434,092 shares, the short-interest ratio is presently 0.2 days.

PT Bank Rakyat Indonesia (Persero) Tbk Stock Performance

Shares of PT Bank Rakyat Indonesia (Persero) Tbk stock remained flat at $0.17 during trading hours on Tuesday. The stock had a trading volume of 225,700 shares, compared to its average volume of 52,857. PT Bank Rakyat Indonesia has a 1-year low of $0.13 and a 1-year high of $0.27. The firm has a 50-day moving average of $0.16 and a two-hundred day moving average of $0.19.

About PT Bank Rakyat Indonesia (Persero) Tbk

PT Bank Rakyat Indonesia (Persero) Tbk is a state‐owned commercial bank headquartered in Jakarta, Indonesia. As one of the country’s largest lenders by assets, the company primarily focuses on serving micro, small and medium enterprises (MSMEs) and retail customers. Its core mission revolves around supporting financial inclusion through a range of lending and deposit products designed to meet the needs of rural and urban communities alike.

The bank’s product portfolio includes microloans, agricultural financing, consumer loans and small business credit, alongside traditional corporate banking services.