PT Astra International Tbk (PTAIY) Short Interest Ratio & Short Volume

Short interest is the volume of PT Astra International Tbk shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 14,100 shares of PTAIY short. Learn More on PT Astra International Tbk's current short interest.

PT Astra International Tbk saw a decrease in short interest in April. As of April 15th, there was short interest totaling 14,100 shares, a decrease of 33.5% from the previous total of 21,200 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "auto parts" compare to PT Astra International Tbk: PARTS iD, Inc. (4.92%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling PTAIY is an investing strategy that aims to generate trading profit from PT Astra International Tbk as its price is falling. PTAIY shares are trading down $0.29 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for PT Astra International Tbk occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of PTAIY, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PTAIY, twice per month. The most recent reporting period available is April, 15 2024.