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

PT United Tractors Tbk (OTCMKTS:PUTKF) was the recipient of a large decrease in short interest in January. As of January 31st, there was short interest totalling 7,300 shares, a decrease of 65.4% from the January 15th total of 21,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

PT United Tractors Tbk Stock Performance

Shares of PUTKF remained flat at $1.54 during trading hours on Wednesday. The firm has a 50 day simple moving average of $1.66 and a 200 day simple moving average of $1.41. PT United Tractors Tbk has a 1-year low of $1.54 and a 1-year high of $2.10.

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.