PT United Tractors Tbk (OTCMKTS:PUTKY) Short Interest Down 57.1% in February

PT United Tractors Tbk (OTCMKTS:PUTKY) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 300 shares, a decrease of 57.1% from the February 13th total of 700 shares. Based on an average daily volume of 17,800 shares, the days-to-cover ratio is presently 0.0 days.

PT United Tractors Tbk Price Performance

Shares of PT United Tractors Tbk stock opened at $28.72 on Thursday. The company’s fifty day moving average price is $30.51 and its two-hundred day moving average price is $33.08. 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.