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

PT Astra International Tbk (OTCMKTS:PTAIY) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 14,590 shares, a decline of 48.2% from the June 30th total of 28,160 shares. Based on an average daily trading volume, of 806,631 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

PT Astra International Tbk Price Performance

PTAIY opened at $5.48 on Friday. The business has a fifty day moving average price of $5.53 and a 200 day moving average price of $6.88. PT Astra International Tbk has a 12 month low of $5.02 and a 12 month high of $8.79. The stock has a market capitalization of $11.09 billion and a price-to-earnings ratio of 0.00.

Analyst Ratings Changes

Separately, Zacks Research raised PT Astra International Tbk from a “strong sell” rating to a “hold” rating in a research note on Monday. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, PT Astra International Tbk has an average rating of “Hold”.

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.