PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) Sees Large Drop in Short Interest

PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 4,900 shares, a decline of 14.0% from the December 31st total of 5,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 49.0 days.

PT Unilever Indonesia Tbk Price Performance

PT Unilever Indonesia Tbk stock opened at $2.19 on Friday. The firm has a fifty day moving average of $2.24 and a 200-day moving average of $2.66. PT Unilever Indonesia Tbk has a 52-week low of $2.08 and a 52-week high of $4.29.

PT Unilever Indonesia Tbk Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 9th were issued a $0.0517 dividend. The ex-dividend date was Monday, December 9th. PT Unilever Indonesia Tbk’s dividend payout ratio is currently 73.15%.

About PT Unilever Indonesia Tbk

PT Unilever Indonesia Tbk manufactures, markets, and distributes consumer goods in Indonesia. It offers soaps, detergents, dairy based foods, ice creams, savories, soy sauce, cosmetic products, tea-based beverages, and fruit juices. The company provides its products under the Axe, Bango, Buavita, Cif, Citra, Clear, Clear Men, Close Up, Cornetto, Dove, Feast, Feast, Glow & Lovely, Hellmann's, Jawara, Knorr, Lifebuoy, Lipton, Love Beauty & Planet, Lux, Magnum, Molto, Paddle Pop, Pepsodent, Pond's, Pond's Men, Populaire, Rexona, Rinso, Royco, SariWangi, Seru, Simple, St.