PT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 100,820 shares, an increase of 591.0% from the July 15th total of 14,590 shares. Based on an average daily trading volume, of 458,133 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.
PT Astra International Tbk Price Performance
PT Astra International Tbk stock opened at $5.39 on Wednesday. PT Astra International Tbk has a 1 year low of $5.02 and a 1 year high of $8.79. The firm has a 50-day moving average of $5.44 and a two-hundred day moving average of $6.72.
Analyst Ratings Changes
Separately, Zacks Research upgraded PT Astra International Tbk from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.
PT Astra International Tbk Company Profile
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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