PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Sees Significant Increase in Short Interest

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 9,468 shares, an increase of 143.0% from the April 15th total of 3,896 shares. Based on an average daily trading volume, of 163,977 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

PT Bank Mandiri Persero TBK Stock Performance

Shares of OTCMKTS PPERY traded down $0.05 during trading on Friday, reaching $9.54. 57,725 shares of the company traded hands, compared to its average volume of 127,750. The firm has a 50 day simple moving average of $10.94 and a 200-day simple moving average of $11.48. PT Bank Mandiri Persero TBK has a 52-week low of $9.53 and a 52-week high of $13.73.

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.