PT Gudang Garam Tbk (OTCMKTS:GDNGY) Short Interest Down 60.3% in July

PT Gudang Garam Tbk (OTCMKTS:GDNGY) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 603 shares, a decrease of 60.3% from the July 15th total of 1,517 shares. Based on an average daily trading volume, of 1,273 shares, the days-to-cover ratio is presently 0.5 days.

PT Gudang Garam Tbk Price Performance

Shares of PT Gudang Garam Tbk stock remained flat at $4.45 on Friday. PT Gudang Garam Tbk has a fifty-two week low of $1.95 and a fifty-two week high of $4.85. The firm’s 50-day moving average price is $3.80 and its 200 day moving average price is $3.63.

PT Gudang Garam Tbk Company Profile

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.