PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Short Interest Down 71.7% in June

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 13,301 shares, a decline of 71.7% from the May 31st total of 47,077 shares. Based on an average daily trading volume, of 687,976 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised PT Bank Central Asia Tbk to a “hold” rating in a research report on Tuesday, April 28th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

PT Bank Central Asia Tbk Stock Up 2.3%

Shares of PBCRY stock opened at $8.57 on Friday. PT Bank Central Asia Tbk has a 52-week low of $6.64 and a 52-week high of $14.14. The company has a 50-day simple moving average of $8.48 and a two-hundred day simple moving average of $10.11.

About PT Bank Central Asia Tbk

PT Bank Central Asia Tbk, commonly known as Bank BCA, is one of Indonesia’s leading banking institutions. Established in 1957 and headquartered in Jakarta, the bank provides a comprehensive range of financial products and services to retail, small and medium-sized enterprises (SMEs), and corporate clients. Bank BCA is listed on the Indonesia Stock Exchange under the ticker BBCA and trades in the United States through American Depositary Receipts on the OTC Markets under the symbol PBCRY.

The bank’s core business activities span consumer banking, SME and corporate lending, treasury operations, and transaction banking.