PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) Sees Significant Increase in Short Interest

PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, a growth of 150.0% from the February 29th total of 200 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 0.2 days.

PT Indofood Sukses Makmur Tbk Trading Down 0.2 %

PIFMY traded down $0.04 during trading on Thursday, hitting $20.35. 319 shares of the stock were exchanged, compared to its average volume of 1,891. The firm has a 50 day simple moving average of $20.59 and a 200 day simple moving average of $20.83. PT Indofood Sukses Makmur Tbk has a 1 year low of $19.60 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.