Short Interest in Malayan Banking Berhad (OTCMKTS:MLYBY) Decreases By 16.7%

Malayan Banking Berhad (OTCMKTS:MLYBY) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 4,500 shares, a drop of 16.7% from the May 31st total of 5,400 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is currently 3.5 days.

Malayan Banking Berhad Stock Down 1.8 %

MLYBY stock traded down $0.09 during trading on Friday, reaching $4.80. 510 shares of the company were exchanged, compared to its average volume of 1,368. Malayan Banking Berhad has a 52-week low of $3.20 and a 52-week high of $9.10. The stock’s 50 day moving average price is $4.80 and its 200 day moving average price is $4.90.

Malayan Banking Berhad Company Profile

Malayan Banking Berhad provides commercial banking and related financial products and services. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance services.