PT United Tractors Tbk (OTCMKTS:PUTKF) Short Interest Down 32.9% in February

PT United Tractors Tbk (OTCMKTS:PUTKF) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 4,900 shares, a decline of 32.9% from the January 31st total of 7,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

PT United Tractors Tbk Stock Performance

Shares of PT United Tractors Tbk stock opened at $1.54 on Wednesday. PT United Tractors Tbk has a 52-week low of $1.54 and a 52-week high of $2.10. The stock’s 50-day simple moving average is $1.57 and its 200 day simple moving average is $1.45.

About PT United Tractors Tbk

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.