PT United Tractors Tbk (OTCMKTS:PUTKY) Short Interest Down 29.2% in February

PT United Tractors Tbk (OTCMKTS:PUTKY) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 17,833 shares, a decrease of 29.2% from the February 12th total of 25,183 shares. Based on an average trading volume of 27,508 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 27,508 shares, the short-interest ratio is currently 0.6 days.

PT United Tractors Tbk Trading Down 1.5%

PT United Tractors Tbk stock traded down $0.53 during mid-day trading on Friday, hitting $34.66. The company’s stock had a trading volume of 17,853 shares, compared to its average volume of 12,530. The stock’s fifty day moving average is $35.05 and its two-hundred day moving average is $33.91. PT United Tractors Tbk has a 1 year low of $23.33 and a 1 year high of $38.82.

PT United Tractors Tbk Company Profile

PT United Tractors Tbk (OTCMKTS:PUTKY) is one of Indonesia’s leading heavy equipment distributors and mining contractors. Established in 1972 and headquartered in Jakarta, the company operates as a core subsidiary of the Astra International group. United Tractors’ primary activities encompass the distribution and sales of a wide range of construction and mining machinery, including Komatsu-branded excavators, bulldozers and haul trucks, as well as other reputable global equipment brands.

In addition to equipment sales, United Tractors has developed a substantial mining services division through its subsidiary PT Pamapersada Nusantara, which provides contract mining solutions for coal and mineral extraction projects across Indonesia.