Short Interest in PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Increases By 100.0%

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOYGet Free Report) saw a significant increase in short interest in February. As of February 29th, there was short interest totalling 1,000 shares, an increase of 100.0% from the February 14th total of 500 shares. Based on an average trading volume of 3,200 shares, the days-to-cover ratio is currently 0.3 days.

PT Adaro Energy Indonesia Tbk Trading Down 3.3 %

Shares of ADOOY stock opened at $8.40 on Wednesday. The stock has a 50 day moving average of $8.08 and a 200 day moving average of $8.38. PT Adaro Energy Indonesia Tbk has a twelve month low of $7.04 and a twelve month high of $10.47.

PT Adaro Energy Indonesia Tbk Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, January 29th. Stockholders of record on Tuesday, January 16th were given a $0.4643 dividend. The ex-dividend date of this dividend was Friday, January 12th. PT Adaro Energy Indonesia Tbk’s dividend payout ratio (DPR) is presently 40.19%.

About PT Adaro Energy Indonesia Tbk

(Get Free Report)

PT Adaro Energy Indonesia Tbk, together with its subsidiaries, engages in coal and mining business in Indonesia. It operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. The company provides trading, transportation, warehousing, quarrying, cargo handling, and mining and transportation support services.

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