PT Astra International Tbk (OTCMKTS:PTAIY) Shares Shorted: Short Interest Up 223.9% in September

PT Astra International Tbk (OTCMKTS:PTAIY) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 104,039 shares, a growth of 223.9% from the September 15th total of 32,121 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 415,072 shares, the short-interest ratio is currently 0.3 days.

PT Astra International Tbk Price Performance

Shares of OTCMKTS PTAIY opened at $5.45 on Wednesday. The business’s 50 day moving average is $5.39 and its two-hundred day moving average is $5.98. PT Astra International Tbk has a 1-year low of $4.95 and a 1-year high of $8.79.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 24th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, PT Astra International Tbk presently has a consensus rating of “Sell”.

About PT Astra International Tbk

PT Astra International Tbk is an Indonesian diversified conglomerate headquartered in Jakarta. Founded in 1957, the company has developed a broad portfolio of businesses serving Indonesia’s automotive, industrial, consumer and infrastructure markets.

Astra’s principal activities include automotive manufacturing, distribution and retail; financial services; heavy equipment, mining, construction and energy; agribusiness; infrastructure and logistics; information technology; and property.