PT United Tractors Tbk (OTCMKTS:PUTKY) Short Interest Update

PT United Tractors Tbk (OTCMKTS:PUTKY) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totalling 70,900 shares, a decrease of 27.4% from the August 15th total of 97,700 shares. Based on an average daily trading volume, of 33,900 shares, the short-interest ratio is presently 2.1 days.

PT United Tractors Tbk Price Performance

PT United Tractors Tbk stock opened at $36.52 on Friday. The company’s 50-day moving average price is $32.62 and its two-hundred day moving average price is $30.54. PT United Tractors Tbk has a 52 week low of $25.71 and a 52 week high of $37.54.

PT United Tractors Tbk Company Profile

PT United Tractors Tbk, together with its subsidiaries, sells and rents heavy equipment in Indonesia. The company operates through six segments: Construction Machinery, Mining Contracting, Coal Mining, Gold and Other Mineral Mining, Construction Industry, and Energy. It also distributes heavy equipment, trucks, cranes, and busses under the Komatsu, UD Trucks, Scania, Bomag, Tadano, and United Tractors names to mining, agriculture, constructions, forestry, as well as material handling and transportation.