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

PT Astra International Tbk (OTCMKTS:PTAIY) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 7,993 shares, a decrease of 90.8% from the May 31st total of 86,518 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 739,822 shares, the short-interest ratio is presently 0.0 days.

PT Astra International Tbk Stock Down 0.9%

Shares of PTAIY traded down $0.05 during mid-day trading on Friday, hitting $5.45. 42,267 shares of the company’s stock were exchanged, compared to its average volume of 203,884. PT Astra International Tbk has a 52 week low of $5.02 and a 52 week high of $8.79. The stock’s 50-day simple moving average is $6.45 and its 200-day simple moving average is $7.34. The firm has a market cap of $11.03 billion and a price-to-earnings ratio of 0.00.

Wall Street Analyst Weigh In

Separately, Zacks Research cut PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a research report on Friday, June 12th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

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.