PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF) Sees Large Decrease in Short Interest

PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 13 shares, a decrease of 100.0% from the April 15th total of 305,104 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

PT Bank Mandiri (Persero) Tbk Stock Performance

PPERF opened at $0.26 on Wednesday. PT Bank Mandiri has a fifty-two week low of $0.25 and a fifty-two week high of $0.37. The firm has a 50-day moving average of $0.31 and a 200 day moving average of $0.31.

About PT Bank Mandiri (Persero) Tbk

PT Bank Mandiri (Persero) Tbk is one of Indonesia’s largest state-owned commercial banks, offering a comprehensive range of retail, corporate, and transaction banking services. Headquartered in Jakarta, the bank provides deposit products, consumer and business loans, trade finance, cash management, and wealth management solutions to both individual and institutional clients. Its retail segment caters to savings and financing needs of consumers through traditional branch networks as well as digital channels.

Established in October 1998 as part of Indonesia’s banking sector restructuring, Bank Mandiri was formed through the consolidation of four state-owned banks in response to the regional financial crisis.