Short Interest in PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Drops By 77.4%

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 17,988 shares, a drop of 77.4% from the June 15th total of 79,540 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 420,399 shares, the short-interest ratio is presently 0.0 days.

PT Bank Mandiri Persero TBK Price Performance

Shares of PPERY traded up $0.09 during midday trading on Friday, hitting $9.03. The company had a trading volume of 59,565 shares, compared to its average volume of 158,619. The company’s 50 day moving average price is $9.40 and its 200 day moving average price is $10.79. PT Bank Mandiri Persero TBK has a 52 week low of $8.20 and a 52 week 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.