PT Astra International Tbk (OTCMKTS:PTAIY) Stock Short Interest Report for October

PT Astra International Tbk (OTCMKTS:PTAIY) was the recipient of a large drop in short interest in October. As of October 30th, there was short interest totaling 54,987 shares, a drop of 72.6% from the October 15th total of 200,392 shares. Based on an average daily volume of 611,715 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

PT Astra International Tbk Trading Up 1.8%

OTCMKTS PTAIY traded up $0.11 during trading hours on Friday, reaching $5.97. 119,960 shares of the company traded hands, compared to its average volume of 217,485. PT Astra International Tbk has a 12 month low of $4.60 and a 12 month high of $8.79. The company has a 50 day moving average of $5.33 and a two-hundred day moving average of $6.25.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 24th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the company presently has an average rating of “Sell”.

About PT Astra International Tbk

PT Astra International Tbk is an Indonesian diversified company with businesses spanning automotive, financial services, heavy equipment and mining, agribusiness, infrastructure and logistics, information technology, and property. Founded in 1957 as a trading company, it has grown into a major business group in Indonesia. In automotive, Astra manufactures and distributes vehicles and motorcycles, including products associated with brands such as Toyota, Daihatsu, Isuzu, and Honda. Its related activities include vehicle financing, component manufacturing, and after-sales services.