Malayan Banking Berhad (OTCMKTS:MLYBY – Get Rating) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totalling 50,500 shares, a growth of 182.1% from the June 30th total of 17,900 shares. Based on an average daily volume of 17,400 shares, the days-to-cover ratio is presently 2.9 days.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. downgraded Malayan Banking Berhad from a “neutral” rating to an “underweight” rating in a report on Monday, May 16th.
Malayan Banking Berhad Price Performance
MLYBY stock opened at $8.35 on Friday. Malayan Banking Berhad has a twelve month low of $3.38 and a twelve month high of $9.00. The business has a 50 day simple moving average of $6.52 and a 200-day simple moving average of $5.58.
Malayan Banking Berhad Company Profile
Malayan Banking Berhad provides commercial banking and related financial products and services for individuals, small and medium enterprises, retail and corporate customers, and financial institutions primarily in Malaysia, Singapore, and Indonesia. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful.
- Get a free copy of the StockNews.com research report on Malayan Banking Berhad (MLYBY)
- Procter’s Earnings Start To Show Weakness In Q4
- MarketBeat: Week in Review 7/25 – 7/29
- The One Question You Have to Ask Before Investing in INTC Stock
- Home Depot: A Beautiful Boring Stock to Navigate a Bear Market
- Could CRISPR Therapeutics be a Moonshot Hiding in Plain Sight?
Receive News & Ratings for Malayan Banking Berhad Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Malayan Banking Berhad and related companies with MarketBeat.com's FREE daily email newsletter.