PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Short Interest Up 125.0% in October

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 900 shares, a growth of 125.0% from the September 30th total of 400 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is currently 0.7 days.

PT Adaro Energy Indonesia Tbk Price Performance

PT Adaro Energy Indonesia Tbk stock opened at $11.54 on Monday. PT Adaro Energy Indonesia Tbk has a fifty-two week low of $7.49 and a fifty-two week high of $13.66. The company’s 50 day simple moving average is $12.14 and its 200 day simple moving average is $10.03.

PT Adaro Energy Indonesia Tbk Company Profile

PT Adaro Energy Indonesia Tbk, together with its subsidiaries, engages in coal and mining business in Indonesia. It operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. The company provides trading, transportation, warehousing, quarrying, cargo handling, and mining and transportation support services.