PT Astra International Tbk (OTCMKTS:PTAIY) Sees Significant Decrease in Short Interest

PT Astra International Tbk (OTCMKTS:PTAIY) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 42,236 shares, a decrease of 78.8% from the March 31st total of 199,567 shares. Based on an average trading volume of 449,659 shares, the short-interest ratio is currently 0.1 days.

PT Astra International Tbk Stock Performance

PTAIY opened at $7.42 on Friday. The business has a 50 day moving average price of $7.50 and a 200 day moving average price of $7.74. PT Astra International Tbk has a twelve month low of $5.30 and a twelve month high of $8.79.

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.