PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Sees Significant Increase in Short Interest

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 26,500 shares, an increase of 813.8% from the August 31st total of 2,900 shares. Based on an average daily volume of 181,100 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 181,100 shares, the days-to-cover ratio is presently 0.1 days.

PT Bank Mandiri Persero TBK Trading Up 0.2%

Shares of OTCMKTS:PPERY opened at $10.48 on Wednesday. The company’s 50-day moving average price is $11.23 and its 200 day moving average price is $11.70. PT Bank Mandiri Persero TBK has a fifty-two week low of $10.20 and a fifty-two week high of $19.31.

PT Bank Mandiri Persero TBK Company Profile

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. The company operates through Wholesale and Retail segments. 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.