Short Interest in PT Astra International Tbk (OTCMKTS:PTAIY) Rises By 225.8%

PT Astra International Tbk (OTCMKTS:PTAIYGet Free Report) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 137,606 shares, a growth of 225.8% from the April 15th total of 42,236 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 316,556 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised PT Astra International Tbk to a “hold” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, PT Astra International Tbk presently has an average rating of “Hold”.

Check Out Our Latest Analysis on PT Astra International Tbk

PT Astra International Tbk Price Performance

OTCMKTS:PTAIY traded down $0.01 during trading hours on Thursday, reaching $7.01. 96,089 shares of the stock were exchanged, compared to its average volume of 148,280. The stock has a market cap of $14.19 billion and a PE ratio of 0.00. PT Astra International Tbk has a twelve month low of $5.30 and a twelve month high of $8.79. The firm has a 50 day moving average of $7.31 and a 200 day moving average of $7.75.

PT Astra International Tbk Company Profile

(Get Free Report)

PT Astra International Tbk is a leading Indonesian diversified conglomerate with interests spanning automotive, financial services, heavy equipment, agribusiness, infrastructure, logistics, information technology, and property. Founded in 1957 and headquartered in Jakarta, the company established itself early as the exclusive distributor of Toyota vehicles in Indonesia, a relationship that remains a cornerstone of its automotive business. Over the decades, Astra has expanded its product and service offerings through strategic partnerships and joint ventures with global firms, solidifying its position in several key sectors of the Indonesian economy.

The company’s automotive segment encompasses the distribution and retail of passenger cars, commercial vehicles, motorcycles, and component manufacturing.

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