PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) Short Interest Update

PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 4,300 shares, a decrease of 20.4% from the May 31st total of 5,400 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 21.5 days.

PT Semen Indonesia (Persero) Tbk Price Performance

Shares of PT Semen Indonesia (Persero) Tbk stock traded up $0.40 during mid-day trading on Monday, reaching $4.72. 215 shares of the stock traded hands, compared to its average volume of 1,663. The business has a 50-day moving average of $5.54 and a 200 day moving average of $6.84. PT Semen Indonesia has a fifty-two week low of $4.18 and a fifty-two week high of $9.01.

PT Semen Indonesia (Persero) Tbk Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, June 20th. Investors of record on Monday, May 20th were issued a $0.0743 dividend. The ex-dividend date was Friday, May 17th. PT Semen Indonesia (Persero) Tbk’s dividend payout ratio is presently 31.74%.

About PT Semen Indonesia (Persero) Tbk

PT Semen Indonesia (Persero) Tbk manufactures, packs, and distributes cement in Indonesia and internationally. It operates through Cement Production and Non-Cement Production segments. The company is also involved in limestone and clay mining; cement bag manufacturing; industrial real estate development and building rental; ready-mix concrete and aggregates quarry production; and consulting, mining, trading, transportation, and construction activities.