PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY – Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 2,900 shares, an increase of 11.5% from the June 30th total of 2,600 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is currently 0.8 days.
PT Adaro Energy Indonesia Tbk Price Performance
ADOOY stock opened at $9.63 on Monday. PT Adaro Energy Indonesia Tbk has a twelve month low of $7.49 and a twelve month high of $10.10. The business’s 50-day simple moving average is $8.74 and its 200 day simple moving average is $8.43.
PT Adaro Energy Indonesia Tbk Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, June 20th. Investors of record on Monday, June 10th were paid a $0.4658 dividend. This is a positive change from PT Adaro Energy Indonesia Tbk’s previous dividend of $0.46. The ex-dividend date of this dividend was Monday, June 10th. 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.
Featured Stories
Receive News & Ratings for PT Adaro Energy Indonesia Tbk Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for PT Adaro Energy Indonesia Tbk and related companies with MarketBeat.com’s FREE daily email newsletter.