PT Gudang Garam Tbk (OTCMKTS:GDNGY) Short Interest Update

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

PT Gudang Garam Tbk Stock Performance

Shares of GDNGY stock opened at $4.45 on Friday. The firm’s 50 day moving average price is $3.79 and its 200-day moving average price is $3.63. PT Gudang Garam Tbk has a one year low of $1.95 and a one year high of $4.85.

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.