PT United Tractors Tbk (OTCMKTS:PUTKY) Short Interest Up 425.0% in January

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

PT United Tractors Tbk Trading Up 0.4 %

Shares of OTCMKTS PUTKY traded up $0.11 during trading hours on Wednesday, hitting $30.79. The stock had a trading volume of 10,164 shares, compared to its average volume of 9,859. The firm’s 50-day moving average price is $33.00 and its two-hundred day moving average price is $33.49. PT United Tractors Tbk has a 52 week low of $25.76 and a 52 week high of $37.54.

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.