PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY – Get Free Report) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 2,900 shares, a drop of 73.9% from the January 31st total of 11,100 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is presently 0.9 days.
PT Adaro Energy Indonesia Tbk Trading Down 4.5 %
Shares of OTCMKTS ADOOY opened at $6.30 on Friday. PT Adaro Energy Indonesia Tbk has a 12-month low of $6.30 and a 12-month high of $15.50. The business’s fifty day simple moving average is $7.95 and its 200-day simple moving average is $10.47.
PT Adaro Energy Indonesia Tbk Cuts Dividend
The business also recently disclosed a dividend, which was paid on Thursday, January 30th. Stockholders of record on Monday, January 13th were paid a $0.3294 dividend. The ex-dividend date was Monday, January 13th. PT Adaro Energy Indonesia Tbk’s payout ratio is currently 40.19%.
About PT Adaro Energy Indonesia Tbk
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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