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

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) saw a significant growth in short interest during 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 presently 0.1 days.

PT Adaro Energy Indonesia Tbk Stock Performance

Shares of ADOOY opened at $11.85 on Thursday. PT Adaro Energy Indonesia Tbk has a 1-year low of $7.49 and a 1-year high of $13.66. The company’s fifty day simple moving average is $12.32 and its 200 day simple moving average is $10.32.

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.