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

PT Astra International Tbk (OTCMKTS:PTAIY) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 86,518 shares, a decrease of 69.8% from the May 14th total of 286,809 shares. Based on an average trading volume of 647,918 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

PT Astra International Tbk Stock Up 1.3%

OTCMKTS:PTAIY traded up $0.07 on Friday, reaching $5.40. 146,271 shares of the company’s stock were exchanged, compared to its average volume of 184,680. The business has a fifty day moving average of $6.79 and a 200-day moving average of $7.50. PT Astra International Tbk has a 52-week low of $5.02 and a 52-week high of $8.79. The firm has a market capitalization of $10.93 billion and a price-to-earnings ratio of 0.00.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of PT Astra International Tbk to a “hold” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, PT Astra International Tbk 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.