PT Astra International Tbk (OTCMKTS:PTAIY) Sees Large Growth in Short Interest

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

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded PT Astra International Tbk to a “hold” rating in a report on Friday, April 24th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Get Our Latest Analysis on PT Astra International Tbk

PT Astra International Tbk Price Performance

PTAIY traded down $0.28 during trading hours on Friday, reaching $6.73. The company’s stock had a trading volume of 98,871 shares, compared to its average volume of 149,292. PT Astra International Tbk has a fifty-two week low of $5.30 and a fifty-two week high of $8.79. The stock has a market cap of $13.62 billion and a PE ratio of 0.00. The business’s 50-day moving average is $7.29 and its 200-day moving average is $7.73.

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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