PT Gudang Garam Tbk (OTCMKTS:GDNGY – Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 249 shares, a decrease of 77.6% from the August 15th total of 1,112 shares. Based on an average daily volume of 1,535 shares, the short-interest ratio is currently 0.2 days.
PT Gudang Garam Tbk Stock Down 3.8%
OTCMKTS:GDNGY traded down $0.17 during trading hours on Friday, hitting $4.38. 257 shares of the company were exchanged, compared to its average volume of 2,794. PT Gudang Garam Tbk has a one year low of $2.17 and a one year high of $4.85. The company has a fifty day simple moving average of $4.19 and a 200 day simple moving average of $3.74.
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.
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