PT Astra International Tbk (OTCMKTS:PTAIY) Short Interest Update

PT Astra International Tbk (OTCMKTS:PTAIY) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 286,809 shares, a growth of 108.4% from the April 30th total of 137,606 shares. Based on an average daily volume of 506,511 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

PT Astra International Tbk Stock Performance

Shares of PTAIY stock opened at $5.97 on Monday. PT Astra International Tbk has a 52-week low of $5.30 and a 52-week high of $8.79. The company has a 50-day simple moving average of $7.17 and a two-hundred day simple moving average of $7.65. The company has a market capitalization of $12.08 billion and a price-to-earnings ratio of 0.00.

Analyst Ratings Changes

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

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.