PT United Tractors Tbk (OTCMKTS:PUTKF) Sees Significant Increase in Short Interest

PT United Tractors Tbk (OTCMKTS:PUTKFGet Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 90,035 shares, an increase of 154.4% from the April 15th total of 35,395 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

PT United Tractors Tbk Stock Performance

PT United Tractors Tbk stock remained flat at $1.60 during mid-day trading on Friday. PT United Tractors Tbk has a one year low of $1.45 and a one year high of $1.82. The business’s fifty day simple moving average is $1.67 and its two-hundred day simple moving average is $1.67.

PT United Tractors Tbk Company Profile

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PT United Tractors Tbk is one of Indonesia’s leading heavy equipment distributors and mining contractors. Headquartered in Jakarta, the company serves a broad customer base across Southeast Asia, providing a comprehensive range of construction machinery, mining equipment and related aftermarket services. As the exclusive distributor for global brands such as Komatsu, Tadano, Bomag and Scania in Indonesia, United Tractors delivers products spanning hydraulic excavators, wheel loaders, dump trucks, forklifts, cranes and road rollers, complemented by genuine spare parts and technical support.

United Tractors operates through three principal business segments.

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