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

by · The Markets Daily

PT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report) 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”.

View Our Latest Analysis on PT Astra International Tbk

About PT Astra International Tbk

(Get Free Report)

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.

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