PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Sees Significant Decrease in Short Interest

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 2,400 shares, a drop of 97.6% from the October 31st total of 100,000 shares. Based on an average daily volume of 164,200 shares, the days-to-cover ratio is currently 0.0 days.

PT Bank Central Asia Tbk Price Performance

Shares of PBCRY stock opened at $15.61 on Thursday. PT Bank Central Asia Tbk has a 12-month low of $13.06 and a 12-month high of $18.28. The firm has a 50-day moving average price of $16.69 and a 200 day moving average price of $15.88.

PT Bank Central Asia Tbk Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, December 26th. Stockholders of record on Friday, November 22nd will be paid a $0.0791 dividend. The ex-dividend date of this dividend is Friday, November 22nd. PT Bank Central Asia Tbk’s dividend payout ratio (DPR) is currently 13.05%.

PT Bank Central Asia Tbk Company Profile

PT Bank Central Asia Tbk, together with its subsidiaries, provides banking products and services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally. It offers savings accounts; motorcycle financing and vehicle, housing, and personal loans; mutual funds and bonds; insurance, including property, life, accident, auto, health, education, retirement, travel, and heritage protection; electronic money services; credit cards; business collection services; and eBanking, remittance, and customer services.