Short Interest in PT Astra International Tbk (OTCMKTS:PTAIY) Increases By 135.7%

PT Astra International Tbk (OTCMKTS:PTAIY) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 39,600 shares, anincreaseof135.7% from the June 30th total of 16,800 shares. Based on an average daily volume of 64,200 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 64,200 shares, the days-to-cover ratio is presently 0.6 days.

PT Astra International Tbk Trading Down 1.6%

Shares of OTCMKTS PTAIY opened at $6.05 on Thursday. The firm’s 50 day moving average price is $5.83 and its 200-day moving average price is $5.82. PT Astra International Tbk has a 52-week low of $5.15 and a 52-week high of $7.37.

PT Astra International Tbk Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 20th. Investors of record on Friday, May 23rd were given a dividend of $0.2278 per share. This represents a yield of 460.0%. This is a positive change from PT Astra International Tbk’s previous dividend of $0.08. The ex-dividend date was Thursday, May 22nd. PT Astra International Tbk’s payout ratio is currently 30.21%.

About PT Astra International Tbk

PT Astra International Tbk, together with its subsidiaries, operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally. It provides cars, trucks, and motorcycles of various brands; manufactures and distributes automotive components for vehicle manufacturer and retail consumers; consultation services to its customers; financing for cars, motorcycles, and heavy equipment; and life, vehicle, and health insurance, as well as other insurance for commercial business.