Short Interest in PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Increases By 125.0%

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 900 shares, a growth of 125.0% from the September 30th total of 400 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 0.7 days.

PT Adaro Energy Indonesia Tbk Trading Down 3.0 %

OTCMKTS:ADOOY opened at $11.54 on Friday. PT Adaro Energy Indonesia Tbk has a one year low of $7.49 and a one year high of $13.66. The company has a fifty day moving average price of $12.14 and a 200 day moving average price of $10.02.

About PT Adaro Energy Indonesia Tbk

PT Adaro Energy Indonesia Tbk, together with its subsidiaries, engages in coal and mining business in Indonesia. It operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. The company provides trading, transportation, warehousing, quarrying, cargo handling, and mining and transportation support services.