Short Interest in PT United Tractors Tbk (OTCMKTS:PUTKF) Decreases By 96.0%

PT United Tractors Tbk (OTCMKTS:PUTKF) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 4,900 shares, a decrease of 96.0% from the June 30th total of 121,700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 49.0 days.

PT United Tractors Tbk Stock Performance

PUTKF remained flat at $1.25 during trading on Thursday. The firm’s fifty day simple moving average is $1.33 and its two-hundred day simple moving average is $1.43. PT United Tractors Tbk has a fifty-two week low of $1.25 and a fifty-two week high of $1.41.

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.