PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Stock Short Interest Report for October

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 117,339 shares, an increase of 402.6% from the October 15th total of 23,347 shares. Based on an average daily volume of 355,503 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

PT Bank Mandiri Persero TBK Price Performance

OTCMKTS:PPERY traded up $0.10 during trading hours on Friday, hitting $8.59. 345,778 shares of the stock traded hands, compared to its average volume of 146,989. The firm has a 50 day moving average price of $8.89 and a 200 day moving average price of $9.93. PT Bank Mandiri Persero TBK has a fifty-two week low of $7.46 and a fifty-two week high of $13.11.

PT Bank Mandiri Persero TBK Company Profile

PT Bank Mandiri (Persero) Tbk is an Indonesian state-owned bank that provides financial services to individuals, businesses, and government institutions. Its offerings include consumer and commercial lending, savings and transaction accounts, payments, treasury services, and digital banking. Founded in 1998, Bank Mandiri was formed through the merger of four state-owned banks: Bank Bumi Daya, Bank Dagang Negara, Bank Ekspor Impor Indonesia, and Bank Pembangunan Indonesia. The consolidation took place as Indonesia restructured its banking sector following the Asian financial crisis.