Short Interest in PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Declines By 77.4%

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY – Get Free Report) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 17,988 shares, a drop of 77.4% from the June 15th total of 79,540 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 420,399 shares, the days-to-cover ratio is presently 0.0 days.

PT Bank Mandiri Persero TBK Stock Up 2.5%

Shares of OTCMKTS PPERY traded up $0.23 during trading hours on Monday, reaching $9.26. The stock had a trading volume of 73,227 shares, compared to its average volume of 155,860. PT Bank Mandiri Persero TBK has a 52-week low of $8.20 and a 52-week high of $13.11. The business’s fifty day moving average price is $9.40 and its two-hundred day moving average price is $10.78.

About PT Bank Mandiri Persero TBK

(Get Free Report)

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.

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