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

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) was the recipient of a large increase in short interest during the month of 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 trading volume of 122,700 shares, the days-to-cover ratio is presently 1.2 days.

PT Bank Central Asia Tbk Stock Performance

Shares of OTCMKTS PBCRY traded down $0.30 during mid-day trading on Thursday, reaching $15.90. 37,047 shares of the company’s stock were exchanged, compared to its average volume of 80,745. The company’s 50-day moving average is $15.87 and its 200-day moving average is $14.98. PT Bank Central Asia Tbk has a 52-week low of $13.13 and a 52-week 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 paid a $0.2546 dividend. The ex-dividend date is Wednesday, March 27th. This is a boost from PT Bank Central Asia Tbk’s previous dividend of $0.05. PT Bank Central Asia Tbk’s 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.