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 increase in short interest in the month of August. As of August 31st, there was short interest totaling 92,298 shares, an increase of 2,149.0% from the August 15th total of 4,104 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 114,056 shares, the short-interest ratio is presently 0.8 days.

PT Bank Mandiri Persero TBK Stock Performance

PT Bank Mandiri Persero TBK stock opened at $9.91 on Friday. PT Bank Mandiri Persero TBK has a 1-year low of $8.20 and a 1-year high of $13.11. The stock’s 50 day moving average price is $9.42 and its 200 day moving average price is $10.06.

About PT Bank Mandiri Persero TBK

PT Bank Mandiri (Persero) Tbk is an Indonesian state-owned banking group headquartered in Jakarta. Established in 1998 through the merger of Bank Bumi Daya, Bank Dagang Negara, Bank Ekspor Impor Indonesia and Bank Pembangunan Indonesia, it has grown into one of Indonesia’s largest providers of financial services.

Bank Mandiri serves individual, small and medium-sized business, commercial and corporate customers. Its offerings include deposit accounts, consumer and business lending, credit cards, cash management, trade finance, investment and treasury services, payments, and digital banking.