PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) Short Interest Up 500.0% in December

PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 1,800 shares, an increase of 500.0% from the November 30th total of 300 shares. Based on an average daily volume of 500 shares, the short-interest ratio is currently 3.6 days.

PT Indofood Sukses Makmur Tbk Stock Up 1.1 %

PT Indofood Sukses Makmur Tbk stock traded up $0.27 during midday trading on Thursday, hitting $25.30. 887 shares of the stock were exchanged, compared to its average volume of 2,356. The business’s 50-day moving average price is $24.37 and its 200-day moving average price is $21.89. PT Indofood Sukses Makmur Tbk has a 52-week low of $16.56 and a 52-week high of $27.43.

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.