PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERY) Sees Large Increase in Short Interest

PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERYGet Rating) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 90,000 shares, a growth of 44,900.0% from the April 30th total of 200 shares. Based on an average daily volume of 193,500 shares, the days-to-cover ratio is currently 0.5 days.

Shares of PPERY stock traded up $0.25 on Wednesday, hitting $10.75. The company’s stock had a trading volume of 52,128 shares, compared to its average volume of 129,486. The stock’s 50 day moving average is $10.97 and its 200-day moving average is $10.46. PT Bank Mandiri has a fifty-two week low of $7.66 and a fifty-two week high of $12.73.

The firm also recently declared a dividend, which was paid on Thursday, April 21st. Investors of record on Friday, March 25th were paid a $0.3547 dividend. The ex-dividend date was Thursday, March 24th. This represents a dividend yield of 3.23%.

About PT Bank Mandiri (Persero) Tbk (Get Rating)

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 the Cayman Islands. It offers savings and current accounts, time deposits, demand deposits, and foreign currency savings and current accounts; motorcycle loans, mortgage loan, 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.

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