PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PBNNF) Sees Large Increase in Short Interest

PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PBNNF) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,036,451 shares, an increase of 103,645,000.0% from the April 30th total of 1 shares. Based on an average trading volume of 3 shares, the short-interest ratio is currently 345,483.7 days.

PT Bank Negara Indonesia (Persero) Tbk Price Performance

OTCMKTS PBNNF remained flat at $0.20 during trading hours on Wednesday. 1 shares of the company were exchanged, compared to its average volume of 9,452. PT Bank Negara Indonesia has a one year low of $0.15 and a one year high of $0.54. The business’s 50-day simple moving average is $0.20 and its 200-day simple moving average is $0.20.

PT Bank Negara Indonesia (Persero) Tbk Company Profile

PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PBNNF) is one of Indonesia’s oldest and largest state-owned commercial banks. Established in 1946 to support the nation’s economic recovery, BNI has grown into a full-service financial institution offering a comprehensive range of banking and financial products. The bank operates under a mandate to facilitate national development, serving individuals, small and medium enterprises (SMEs), and large corporates across various sectors.

BNI’s core business activities encompass corporate banking, retail banking, treasury and capital markets, trade finance, and cash management.