Short Interest in PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Rises By 100.0%

by · The Cerbat Gem

PT Bank Central Asia Tbk (OTCMKTS:PBCRY – Get Free Report) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 110,130 shares, a growth of 100.0% from the April 30th total of 55,067 shares. Based on an average daily trading volume, of 888,601 shares, the short-interest ratio is presently 0.1 days.

PT Bank Central Asia Tbk Price Performance

OTCMKTS:PBCRY remained flat at $8.01 during mid-day trading on Monday. The company had a trading volume of 275,144 shares, compared to its average volume of 306,138. The company has a 50 day moving average price of $9.15 and a 200 day moving average price of $10.72. PT Bank Central Asia Tbk has a one year low of $7.94 and a one year high of $14.30.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Analysis on PT Bank Central Asia Tbk

About PT Bank Central Asia Tbk

(Get Free Report)

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.

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