Short Interest in PT Astra International Tbk (OTCMKTS:PTAIY) Rises By 225.8%

PT Astra International Tbk (OTCMKTS:PTAIY) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 137,606 shares, a growth of 225.8% from the April 15th total of 42,236 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 316,556 shares, the days-to-cover ratio is presently 0.4 days.

PT Astra International Tbk Stock Performance

OTCMKTS PTAIY traded down $0.01 during trading hours on Thursday, hitting $7.01. The company had a trading volume of 96,089 shares, compared to its average volume of 148,280. The firm has a 50 day simple moving average of $7.31 and a 200 day simple moving average of $7.75. PT Astra International Tbk has a 52 week low of $5.30 and a 52 week high of $8.79. The firm has a market capitalization of $14.19 billion and a price-to-earnings ratio of 0.00.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of PT Astra International Tbk to a “hold” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, PT Astra International Tbk has an average rating of “Hold”.

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.