PT United Tractors Tbk (OTCMKTS:PUTKF) Sees Significant Decline in Short Interest

PT United Tractors Tbk (OTCMKTS:PUTKF – Get Free Report) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 30,155 shares, a decline of 78.3% from the September 30th total of 138,995 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

PT United Tractors Tbk Stock Performance

Shares of PUTKF stock opened at $1.60 on Tuesday. The company’s fifty day moving average price is $1.60 and its two-hundred day moving average price is $1.64. PT United Tractors Tbk has a 12 month low of $1.45 and a 12 month high of $1.82.

PT United Tractors Tbk Company Profile

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PT United Tractors Tbk is an Indonesian company that distributes and supports heavy equipment, provides mining and construction services, and operates businesses in the natural resources and energy sectors. The company is a subsidiary of PT Astra International Tbk and serves customers primarily in Indonesia.

United Tractors is the authorized distributor of Komatsu heavy equipment in Indonesia and also provides equipment and support for the mining, construction, forestry, agriculture, and infrastructure industries.

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