Short Interest in PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Declines By 56.5%

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 7,829 shares, a decline of 56.5% from the June 30th total of 17,988 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 276,998 shares, the days-to-cover ratio is currently 0.0 days.

PT Bank Mandiri Persero TBK Trading Down 2.3%

OTCMKTS PPERY traded down $0.21 on Tuesday, hitting $9.03. 55,625 shares of the stock traded hands, compared to its average volume of 155,197. The stock has a 50-day moving average of $9.26 and a 200 day moving average of $10.58. PT Bank Mandiri Persero TBK has a twelve month low of $8.20 and a twelve month high of $13.11.

About PT Bank Mandiri Persero TBK

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.