PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) Short Interest Update

PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 600 shares, a drop of 33.3% from the February 28th total of 900 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is currently 0.8 days.

PT Indofood Sukses Makmur Tbk Price Performance

Shares of PIFMY stock traded down $2.04 during mid-day trading on Monday, reaching $19.91. The stock had a trading volume of 523 shares, compared to its average volume of 776. PT Indofood Sukses Makmur Tbk has a one year low of $16.56 and a one year high of $27.43. The firm’s 50 day simple moving average is $22.75 and its 200 day simple moving average is $23.50.

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.