PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) Short Interest Up 1,600.0% in April

PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 1,700 shares, a growth of 1,600.0% from the March 31st total of 100 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 1.7 days.

PT Indofood Sukses Makmur Tbk Trading Up 1.5 %

Shares of OTCMKTS:PIFMY traded up $0.28 on Thursday, reaching $19.23. The company had a trading volume of 2,384 shares, compared to its average volume of 2,260. PT Indofood Sukses Makmur Tbk has a 52-week low of $18.28 and a 52-week high of $25.93. The firm’s 50 day simple moving average is $20.37 and its 200-day simple moving average is $20.58.

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.