PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF) Short Interest Down 81.6% in December
PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 55,000 shares, a decrease of 81.6% from the December 15th total of 298,500 shares. Based on an average trading volume of 46,700 shares, the short-interest ratio is currently 1.2 days.
Separately, JPMorgan Chase & Co. cut PT Bank Mandiri (Persero) Tbk from an “overweight” rating to a “neutral” rating in a report on Friday, November 20th.
PPERF opened at $0.52 on Thursday. PT Bank Mandiri has a one year low of $0.22 and a one year high of $0.58. The firm has a 50 day simple moving average of $0.46.
PT Bank Mandiri (Persero) Tbk provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, the United Kingdom, and Cayman Islands. It offers savings and current accounts, time deposits, demand deposits, and foreign currency savings; motorcycle loans and housing loans, as well as loans for various purposes, such as education, home renovation, marriage, health, and other needs for individuals; and working capital loans, investment loans, people's business loans, syndicated loans, and micro business loans for businesses.
Further Reading: What does a bar chart display?
Receive News & Ratings for PT Bank Mandiri (Persero) Tbk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PT Bank Mandiri (Persero) Tbk and related companies with MarketBeat.com's FREE daily email newsletter.