Short Interest in PT United Tractors Tbk (OTCMKTS:PUTKY) Rises By 425.0%

PT United Tractors Tbk (OTCMKTS:PUTKY) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 4,200 shares, a growth of 425.0% from the December 31st total of 800 shares. Based on an average daily volume of 20,400 shares, the short-interest ratio is presently 0.2 days.

PT United Tractors Tbk Stock Up 0.4 %

PUTKY traded up $0.11 on Wednesday, reaching $30.79. 10,164 shares of the company’s stock were exchanged, compared to its average volume of 9,859. PT United Tractors Tbk has a twelve month low of $25.76 and a twelve month high of $37.54. The company’s 50 day moving average is $33.00 and its 200-day moving average is $33.49.

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.