PT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 9,133 shares, a drop of 48.7% from the August 15th total of 17,815 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 304,907 shares, the short-interest ratio is presently 0.0 days.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of PT Astra International Tbk from a “strong sell” rating to a “hold” rating in a research report on Monday, July 27th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.
Read Our Latest Report on PT Astra International Tbk
PT Astra International Tbk Stock Up 1.3%
About PT Astra International Tbk
PT Astra International Tbk is an Indonesian diversified conglomerate founded in 1957. The company operates through a broad portfolio of businesses serving consumers, businesses and infrastructure projects across Indonesia, with selected activities and partnerships extending into other markets.
Astra’s principal activities include automotive manufacturing, distribution and retail; financial services; heavy equipment, mining, construction and energy; agribusiness; infrastructure and logistics; information technology; and property.
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