PT United Tractors Tbk (OTCMKTS:PUTKF) Stock Short Interest Falls 81.8%

PT United Tractors Tbk (OTCMKTS:PUTKF – Get Free Report) was the target of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 5,495 shares, a decrease of 81.8% from the October 15th total of 30,155 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

PT United Tractors Tbk Price Performance

Shares of PUTKF remained flat at $1.35 during mid-day trading on Friday. The firm has a 50-day moving average price of $1.55 and a two-hundred day moving average price of $1.62. PT United Tractors Tbk has a 12 month low of $1.35 and a 12 month high of $1.60.

About PT United Tractors Tbk

(Get Free Report)

PT United Tractors Tbk is an Indonesian company focused on heavy equipment, mining services and natural resources. Founded in 1972, it is part of PT Astra International Tbk and serves customers primarily in Indonesia. The company distributes and supports construction and mining equipment, including machinery from Komatsu, and provides equipment rental, maintenance and spare-parts services. Through its subsidiaries, United Tractors also provides mining contracting services and operates in coal and gold mining.

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