PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Short Interest Update

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

PT Adaro Energy Indonesia Tbk Price Performance

Shares of OTCMKTS:ADOOY opened at $11.62 on Friday. The company’s fifty day moving average is $12.33 and its two-hundred day moving average is $10.34. PT Adaro Energy Indonesia Tbk has a 12-month low of $7.49 and a 12-month high of $13.66.

About PT Adaro Energy Indonesia Tbk

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.