Short Interest in PT Astra International Tbk (OTCMKTS:PTAIY) Expands By 107.7%

PT Astra International Tbk (OTCMKTS:PTAIY) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 23,161 shares, an increase of 107.7% from the December 15th total of 11,150 shares. Based on an average daily volume of 22,431 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 22,431 shares, the short-interest ratio is currently 1.0 days.

PT Astra International Tbk Stock Down 1.1%

Shares of PT Astra International Tbk stock opened at $8.37 on Friday. PT Astra International Tbk has a 1 year low of $5.15 and a 1 year high of $8.79. The stock has a fifty day moving average price of $7.99 and a 200-day moving average price of $7.16.

About PT Astra International Tbk

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.