PT Astra International Tbk (OTCMKTS:PTAIY) Sees Significant Drop in Short Interest

PT Astra International Tbk (OTCMKTS:PTAIY) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 11,150 shares, a decline of 60.3% from the November 30th total of 28,063 shares. Based on an average daily volume of 36,156 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 36,156 shares, the short-interest ratio is currently 0.3 days.

PT Astra International Tbk Stock Performance

Shares of OTCMKTS:PTAIY opened at $8.03 on Friday. The firm’s 50 day moving average is $7.77 and its two-hundred day moving average is $6.86. PT Astra International Tbk has a 52 week low of $5.15 and a 52 week high of $8.24.

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.