PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Short Interest Up 82.7% in July

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 189,239 shares, a growth of 82.7% from the June 30th total of 103,602 shares. Based on an average trading volume of 1,720,715 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of PT Bank Central Asia Tbk to a “hold” rating in a research note on Tuesday, April 28th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, PT Bank Central Asia Tbk presently has an average rating of “Hold”.

PT Bank Central Asia Tbk Trading Up 2.4%

Shares of PT Bank Central Asia Tbk stock traded up $0.21 during trading on Thursday, hitting $8.82. The stock had a trading volume of 190,259 shares, compared to its average volume of 372,274. The business has a fifty day moving average of $8.31 and a two-hundred day moving average of $9.51. PT Bank Central Asia Tbk has a fifty-two week low of $6.64 and a fifty-two week high of $14.14.

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.