PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Short Interest Down 81.2% in April

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 55,067 shares, a drop of 81.2% from the April 15th total of 292,626 shares. Based on an average trading volume of 540,965 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

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

PT Bank Central Asia Tbk Stock Down 0.1%

PBCRY traded down $0.01 during trading on Thursday, reaching $8.72. The stock had a trading volume of 391,677 shares, compared to its average volume of 294,216. The business has a 50-day moving average of $9.57 and a 200-day moving average of $11.09. PT Bank Central Asia Tbk has a one year low of $8.34 and a one year high of $15.23.

About PT Bank Central Asia Tbk

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.