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PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF – Get Free Report) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 13 shares, a decline of 100.0% from the July 30th total of 418,513 shares. Based on an average daily volume of 215,000 shares, the short-interest ratio is currently 0.0 days.
PT Bank Mandiri (Persero) Tbk Stock Performance
PPERF stock opened at $0.24 on Thursday. PT Bank Mandiri has a 12-month low of $0.20 and a 12-month high of $0.34. The company has a 50 day moving average of $0.23 and a two-hundred day moving average of $0.27.
PT Bank Mandiri (Persero) Tbk Company Profile
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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