PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) Sees Large Drop in Short Interest

PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 18 shares, a decrease of 100.0% from the October 15th total of 674,958 shares. Based on an average daily trading volume, of 1,659,215 shares, the days-to-cover ratio is presently 0.0 days.

PT Bank Rakyat Indonesia (Persero) Tbk Stock Performance

PT Bank Rakyat Indonesia (Persero) Tbk stock remained flat at $0.14 during mid-day trading on Tuesday. 24,724 shares of the company’s stock were exchanged, compared to its average volume of 44,663. PT Bank Rakyat Indonesia has a 12 month low of $0.13 and a 12 month high of $0.27. The business’s 50-day simple moving average is $0.17 and its 200-day simple moving average is $0.18.

PT Bank Rakyat Indonesia (Persero) Tbk Company Profile

PT Bank Rakyat Indonesia (Persero) Tbk, commonly known as Bank BRI, is an Indonesian state-owned financial institution headquartered in Jakarta. Founded in 1895 in Purwokerto, Central Java, the bank has developed into one of Indonesia’s largest providers of banking services, with a longstanding focus on serving micro, small and medium-sized enterprises (MSMEs) and retail customers. BRI offers savings and current accounts, consumer and commercial lending, microfinance, working-capital and investment loans, payment services, remittances, treasury services and digital banking solutions.