Short Interest in PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Expands By 742.3%

Key Points

• PT Bank Mandiri Persero TBK experienced a742.3% increase in short interest in July, rising from 2,600 shares to a total of 21,900 shares.
• The stock was up 1.0% on the latest trading day, with an opening price of $10.91 and a trading range between a 52-week low of $10.25 and a high of $20.07.
• Bank Mandiri offers a variety of banking services, including loans and deposit products, to clients across multiple countries, including Indonesia, Singapore, and the UK.

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY - Get Free Report) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 21,900 shares, agrowthof742.3% from the June 30th total of 2,600 shares. Based on an average daily volume of 285,000 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 285,000 shares, the short-interest ratio is presently 0.1 days.

PT Bank Mandiri Persero TBK Price Performance

PT Bank Mandiri Persero TBK stock traded down $0.07 during mid-day trading on Wednesday, reaching $11.39. 12,975 shares of the company's stock were exchanged, compared to its average volume of 119,549. The company has a fifty day moving average of $11.92 and a 200-day moving average of $12.16. PT Bank Mandiri Persero TBK has a twelve month low of $10.25 and a twelve month high of $20.07.

PT Bank Mandiri Persero TBK Company Profile

PT Bank Mandiri (Persero) Tbk provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, the United Kingdom, and the Cayman Islands. The company operates through Wholesale and Retail segments. It offers savings and current accounts, time deposits, demand deposits, and foreign currency savings and current accounts; motorcycle loans, mortgage loan, and housing loans, as well as loans for various purposes, such as education, home renovation, marriage, health, and other needs for individuals; and working capital loans, investment loans, people's business loans, syndicated loans, and micro business loans for businesses.