PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) Short Interest Up 1,600.0% in April

PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,700 shares, an increase of 1,600.0% from the March 31st total of 100 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 1.7 days.

PT Indofood Sukses Makmur Tbk Stock Up 1.5 %

OTCMKTS:PIFMY traded up $0.28 during trading hours on Thursday, reaching $19.23. 2,384 shares of the company traded hands, compared to its average volume of 2,260. The business’s 50-day moving average price is $20.37 and its two-hundred day moving average price is $20.58. PT Indofood Sukses Makmur Tbk has a 1 year low of $18.28 and a 1 year high of $25.93.

About PT Indofood Sukses Makmur Tbk

PT Indofood Sukses Makmur Tbk operates as a food solutions company in Indonesia, the Middle East, Africa, rest of Asia, internationally. It operates through Consumer Branded Products Business Group, Bogasari Business Group, Agribusiness Group, and Distribution Business Group segments. It offers noodles; ultra-high temperature (UHT), sterilized bottled, evaporated, pasteurized liquid, UHT multi-cereal, and powdered milk; milk-flavored and cereal powdered drinks, sweetened condensed creamer, ice cream, and butter; potato, cassava, soybean, corn, and various extruded snacks; recipe mixes, soy and chili sauce, tomato sauce, and stock soup; baby cereals; rice puffs, crunchies, biscuits, puddings, noodle soup, and pasta; cereal snacks for children; and ready-to-drink tea, packaged water, and fruit-flavored drinks.