PT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 18,477 shares, a drop of 20.2% from the December 31st total of 23,161 shares. Based on an average daily trading volume, of 41,905 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 41,905 shares, the short-interest ratio is presently 0.4 days.
PT Astra International Tbk Stock Down 3.7%
Shares of OTCMKTS:PTAIY opened at $7.60 on Friday. PT Astra International Tbk has a one year low of $5.15 and a one year high of $8.79. The firm’s 50 day simple moving average is $8.06 and its 200-day simple moving average is $7.33.
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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