PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Sees Significant Decline in Short Interest

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 17,988 shares, a decrease of 77.4% from the June 15th total of 79,540 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 420,399 shares, the days-to-cover ratio is presently 0.0 days.

PT Bank Mandiri Persero TBK Stock Performance

Shares of PPERY stock traded up $0.09 during mid-day trading on Friday, reaching $9.03. 59,565 shares of the company’s stock traded hands, compared to its average volume of 163,263. PT Bank Mandiri Persero TBK has a 12 month low of $8.20 and a 12 month high of $13.11. The company’s 50-day moving average price is $9.40 and its 200-day moving average price is $10.79.

About PT Bank Mandiri Persero TBK

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.