PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Sees Large Increase in Short Interest

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 14,156 shares, a growth of 80.8% from the July 15th total of 7,829 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 238,164 shares, the short-interest ratio is currently 0.1 days.

PT Bank Mandiri Persero TBK Trading Down 0.7%

OTCMKTS PPERY traded down $0.07 during trading on Monday, reaching $9.32. 63,847 shares of the company’s stock were exchanged, compared to its average volume of 148,178. PT Bank Mandiri Persero TBK has a fifty-two week low of $8.20 and a fifty-two week high of $13.11. The company’s fifty day simple moving average is $9.27 and its 200-day simple moving average is $10.35.

PT Bank Mandiri Persero TBK Company Profile

PT Bank Mandiri (Persero) Tbk is one of Indonesia’s largest banking groups, providing a full range of commercial banking services to corporate, commercial, small and medium-sized enterprises (SMEs) and retail customers. The bank was established in 1998 through a government-led consolidation of four state-owned banks as part of efforts to strengthen the financial system during the Asian financial crisis. Since then it has grown into a diversified financial services franchise offering deposit taking, lending, trade finance, payment and cash management, treasury, and wealth-management services.

Bank Mandiri’s product suite spans traditional retail and corporate banking products — including savings and time deposits, consumer and mortgage loans, working capital and project financing — alongside specialized services such as trade and export-import finance, foreign exchange and treasury solutions, card products, and digital banking channels.