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

PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) was the target of a significant 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 volume of 800 shares, the days-to-cover ratio is presently 0.8 days.

PT Indofood Sukses Makmur Tbk Trading Down 9.3 %

Shares of OTCMKTS PIFMY traded down $2.04 during mid-day trading on Friday, reaching $19.91. The company had a trading volume of 523 shares, compared to its average volume of 776. PT Indofood Sukses Makmur Tbk has a 52 week low of $16.56 and a 52 week high of $27.43. The business’s 50-day moving average is $22.75 and its 200-day 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.