PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Short Interest Up 678.9% in June

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 103,602 shares, a growth of 678.9% from the June 15th total of 13,301 shares. Based on an average daily volume of 1,325,955 shares, the short-interest ratio is currently 0.1 days.

PT Bank Central Asia Tbk Stock Up 0.2%

OTCMKTS:PBCRY traded up $0.02 during trading hours on Friday, hitting $8.54. 498,515 shares of the stock were exchanged, compared to its average volume of 371,312. The company’s 50 day moving average is $8.31 and its two-hundred day moving average is $9.83. PT Bank Central Asia Tbk has a twelve month low of $6.64 and a twelve month high of $14.14.

Wall Street Analyst Weigh In

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