PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Short Interest Up 10,661.0% in May

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 15,173 shares, a growth of 10,661.0% from the May 14th total of 141 shares. Based on an average daily trading volume, of 249,461 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

PT Bank Mandiri Persero TBK Price Performance

OTCMKTS:PPERY opened at $9.16 on Wednesday. The business has a fifty day simple moving average of $10.13 and a two-hundred day simple moving average of $11.22. PT Bank Mandiri Persero TBK has a 1 year low of $8.20 and a 1 year 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.