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 large increase in short interest in July. As of July 31st, there was short interest totaling 14,156 shares, an increase of 80.8% from the July 15th total of 7,829 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 238,164 shares, the days-to-cover ratio is presently 0.1 days.

PT Bank Mandiri Persero TBK Price Performance

Shares of PPERY stock opened at $9.39 on Friday. The firm has a 50-day moving average price of $9.27 and a 200 day moving average price of $10.36. PT Bank Mandiri Persero TBK has a twelve month low of $8.20 and a twelve month high of $13.11.

PT Bank Mandiri Persero TBK Company Profile

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.