PT Astra International Tbk (OTCMKTS:PTAIY) Sees Large Growth in Short Interest

PT Astra International Tbk (OTCMKTS:PTAIY) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 28,160 shares, a growth of 252.3% from the June 15th total of 7,993 shares. Based on an average trading volume of 886,502 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

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

PT Astra International Tbk Price Performance

PT Astra International Tbk stock opened at $5.37 on Monday. 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 cap of $10.87 billion and a P/E ratio of 0.00. The company’s fifty day simple moving average is $5.96 and its 200-day simple moving average is $7.13.

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.