PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) Sees Significant Growth in Short Interest

PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 228,018 shares, an increase of 1,266,666.7% from the August 15th total of 18 shares. Based on an average daily trading volume, of 22 shares, the short-interest ratio is currently 10,364.5 days.

PT Bank Rakyat Indonesia (Persero) Tbk Price Performance

BKRKF remained flat at $0.18 on Thursday. PT Bank Rakyat Indonesia has a 52-week low of $0.13 and a 52-week high of $0.27. The firm’s 50 day moving average is $0.17 and its 200-day moving average is $0.18.

PT Bank Rakyat Indonesia (Persero) Tbk Company Profile

PT Bank Rakyat Indonesia (Persero) Tbk is a state‐owned commercial bank headquartered in Jakarta, Indonesia. As one of the country’s largest lenders by assets, the company primarily focuses on serving micro, small and medium enterprises (MSMEs) and retail customers. Its core mission revolves around supporting financial inclusion through a range of lending and deposit products designed to meet the needs of rural and urban communities alike.

The bank’s product portfolio includes microloans, agricultural financing, consumer loans and small business credit, alongside traditional corporate banking services.