PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Short Interest Up 100.0% in May

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 110,130 shares, an increase of 100.0% from the April 30th total of 55,067 shares. Based on an average daily trading volume, of 888,601 shares, the short-interest ratio is currently 0.1 days.

PT Bank Central Asia Tbk Stock Up 1.4%

OTCMKTS:PBCRY opened at $8.12 on Wednesday. PT Bank Central Asia Tbk has a twelve month low of $7.90 and a twelve month high of $14.21. The business’s 50-day moving average price is $9.11 and its two-hundred day moving average price is $10.69.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of PT Bank Central Asia Tbk to a “hold” rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

PT Bank Central Asia Tbk Company Profile

PT Bank Central Asia Tbk, commonly known as Bank BCA, is one of Indonesia’s leading banking institutions. Established in 1957 and headquartered in Jakarta, the bank provides a comprehensive range of financial products and services to retail, small and medium-sized enterprises (SMEs), and corporate clients. Bank BCA is listed on the Indonesia Stock Exchange under the ticker BBCA and trades in the United States through American Depositary Receipts on the OTC Markets under the symbol PBCRY.

The bank’s core business activities span consumer banking, SME and corporate lending, treasury operations, and transaction banking.