PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF) Sees Large Growth in Short Interest

PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF – Get Free Report) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 960,313 shares, an increase of 7,386,923.1% from the May 31st total of 13 shares. Based on an average trading volume of 6,279 shares, the short-interest ratio is presently 152.9 days.

PT Bank Mandiri (Persero) Tbk Stock Performance

PPERF stock remained flat at $0.24 during mid-day trading on Thursday. The stock’s fifty day simple moving average is $0.24 and its two-hundred day simple moving average is $0.30. PT Bank Mandiri has a 52-week low of $0.20 and a 52-week high of $0.34.

PT Bank Mandiri (Persero) Tbk Company Profile

(Get Free Report)

PT Bank Mandiri (Persero) Tbk is one of Indonesia’s largest state-owned commercial banks, offering a comprehensive range of retail, corporate, and transaction banking services. Headquartered in Jakarta, the bank provides deposit products, consumer and business loans, trade finance, cash management, and wealth management solutions to both individual and institutional clients. Its retail segment caters to savings and financing needs of consumers through traditional branch networks as well as digital channels.

Established in October 1998 as part of Indonesia’s banking sector restructuring, Bank Mandiri was formed through the consolidation of four state-owned banks in response to the regional financial crisis.

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