PT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 86,518 shares, a decrease of 69.8% from the May 14th total of 286,809 shares. Based on an average daily volume of 647,918 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised PT Astra International Tbk to a “hold” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, PT Astra International Tbk currently has a consensus rating of “Hold”.
View Our Latest Report on PTAIY
PT Astra International Tbk Price Performance
About PT Astra International Tbk
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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