PT United Tractors Tbk (OTCMKTS:PUTKY – Get Free Report) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 39,760 shares, an increase of 81.2% from the June 15th total of 21,940 shares. Based on an average daily volume of 137,354 shares, the days-to-cover ratio is presently 0.3 days.
PT United Tractors Tbk Price Performance
Shares of PUTKY opened at $29.65 on Friday. The stock’s 50-day simple moving average is $26.84 and its 200 day simple moving average is $32.55. PT United Tractors Tbk has a 52-week low of $23.18 and a 52-week high of $39.00.
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.
Featured Stories
- Five stocks we like better than PT United Tractors Tbk
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Receive News & Ratings for PT United Tractors Tbk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PT United Tractors Tbk and related companies with MarketBeat.com's FREE daily email newsletter.
