PT Astra International Tbk (OTCMKTS:PTAIY) Short Interest Up 1,717.0% in January

PT Astra International Tbk (OTCMKTS:PTAIY) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 335,734 shares, a growth of 1,717.0% from the January 15th total of 18,477 shares. Based on an average trading volume of 271,848 shares, the days-to-cover ratio is presently 1.2 days. Based on an average trading volume of 271,848 shares, the days-to-cover ratio is presently 1.2 days.

PT Astra International Tbk Stock Down 1.3%

PTAIY stock traded down $0.11 during trading on Thursday, reaching $8.08. 74,069 shares of the stock were exchanged, compared to its average volume of 129,493. PT Astra International Tbk has a twelve month low of $5.15 and a twelve month high of $8.79. The stock has a 50 day simple moving average of $8.09 and a 200-day simple moving average of $7.45.

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.