PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Short Interest Up 66.7% in October

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,500 shares, an increase of 66.7% from the October 15th total of 900 shares. Based on an average daily trading volume, of 25,300 shares, the short-interest ratio is currently 0.1 days.

PT Adaro Energy Indonesia Tbk Trading Down 2.9 %

OTCMKTS:ADOOY opened at $11.80 on Wednesday. PT Adaro Energy Indonesia Tbk has a one year low of $7.49 and a one year high of $13.66. The firm’s fifty day moving average price is $12.32 and its two-hundred day moving average price is $10.30.

PT Adaro Energy Indonesia Tbk Company Profile

PT Adaro Energy Indonesia Tbk, together with its subsidiaries, engages in coal and mining business in Indonesia. It operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. The company provides trading, transportation, warehousing, quarrying, cargo handling, and mining and transportation support services.