PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Short Interest Update

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 141 shares, a decrease of 98.5% from the April 30th total of 9,468 shares. Based on an average daily volume of 232,278 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

PT Bank Mandiri Persero TBK Stock Performance

Shares of PPERY traded down $0.11 during mid-day trading on Friday, reaching $9.23. 100,351 shares of the company’s stock traded hands, compared to its average volume of 127,969. The business’s 50-day moving average price is $10.49 and its 200-day moving average price is $11.35. PT Bank Mandiri Persero TBK has a 12 month low of $9.11 and a 12 month 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.