PT Vale Indonesia Tbk (OTCMKTS:PTNDY) Short Interest Update

PT Vale Indonesia Tbk (OTCMKTS:PTNDY) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a decrease of 25.0% from the February 28th total of 400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 3.0 days.

PT Vale Indonesia Tbk Stock Performance

Shares of PTNDY stock remained flat at $7.33 during mid-day trading on Tuesday. The firm has a 50-day simple moving average of $8.96 and a 200 day simple moving average of $11.15. PT Vale Indonesia Tbk has a 52 week low of $7.33 and a 52 week high of $14.84.

PT Vale Indonesia Tbk Company Profile

PT Vale Indonesia Tbk engages in the mining and processing of nickel in Indonesia. It is also involved in the non-iron metal manufacturing industry. The company was formerly known as PT International Nickel Indonesia Tbk and changed its name to PT Vale Indonesia Tbk in September 2011. The company was incorporated in 1968 and is headquartered in Jakarta, Indonesia.