PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Short Interest Up 153.3% in March

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 146,400 shares, an increase of 153.3% from the February 29th total of 57,800 shares. Based on an average daily trading volume, of 122,700 shares, the days-to-cover ratio is currently 1.2 days.

PT Bank Central Asia Tbk Trading Down 1.9 %

PT Bank Central Asia Tbk stock traded down $0.30 during mid-day trading on Thursday, hitting $15.90. 37,047 shares of the company traded hands, compared to its average volume of 80,745. The stock has a fifty day moving average price of $15.87 and a 200-day moving average price of $14.98. PT Bank Central Asia Tbk has a one year low of $13.13 and a one year high of $17.47.

PT Bank Central Asia Tbk Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 19th. Stockholders of record on Thursday, March 28th will be issued a $0.2546 dividend. This is a boost from PT Bank Central Asia Tbk’s previous dividend of $0.05. The ex-dividend date of this dividend is Wednesday, March 27th. PT Bank Central Asia Tbk’s dividend payout ratio is presently 13.05%.

About PT Bank Central Asia Tbk

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.