PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) Sees Large Growth in Short Interest

PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 800 shares, a growth of 33.3% from the March 15th total of 600 shares. Based on an average daily volume of 800 shares, the short-interest ratio is currently 1.0 days.

PT Indofood Sukses Makmur Tbk Price Performance

Shares of PIFMY remained flat at $21.55 during midday trading on Friday. The stock had a trading volume of 25 shares, compared to its average volume of 718. The stock’s 50 day moving average is $22.03 and its 200-day moving average is $23.21. PT Indofood Sukses Makmur Tbk has a 12-month low of $16.56 and a 12-month high of $27.43.

PT Indofood Sukses Makmur Tbk Company Profile

PT Indofood Sukses Makmur Tbk operates as a food solutions company in Indonesia, the Middle East, Africa, rest of Asia, internationally. It operates through Consumer Branded Products Business Group, Bogasari Business Group, Agribusiness Group, and Distribution Business Group segments. It offers noodles; ultra-high temperature (UHT), sterilized bottled, evaporated, pasteurized liquid, UHT multi-cereal, and powdered milk; milk-flavored and cereal powdered drinks, sweetened condensed creamer, ice cream, and butter; potato, cassava, soybean, corn, and various extruded snacks; recipe mixes, soy and chili sauce, tomato sauce, and stock soup; baby cereals; rice puffs, crunchies, biscuits, puddings, noodle soup, and pasta; cereal snacks for children; and ready-to-drink tea, packaged water, and fruit-flavored drinks.