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

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,564 shares, a decrease of 97.5% from the September 15th total of 63,309 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 186,888 shares, the days-to-cover ratio is currently 0.0 days.

PT Bank Mandiri Persero TBK Trading Up 0.6%

Shares of OTCMKTS PPERY traded up $0.05 during mid-day trading on Friday, hitting $9.05. The company had a trading volume of 81,891 shares, compared to its average volume of 104,052. PT Bank Mandiri Persero TBK has a 12 month low of $8.20 and a 12 month high of $13.11. The firm’s 50 day simple moving average is $9.43 and its two-hundred day simple moving average is $9.70.

PT Bank Mandiri Persero TBK Company Profile

PT Bank Mandiri (Persero) Tbk is an Indonesian state-owned banking group headquartered in Jakarta. Established in 1998 through the merger of four Indonesian state-owned banks—Bank Bumi Daya, Bank Dagang Negara, Bank Ekspor Impor Indonesia and Bank Pembangunan Indonesia—the company has developed into one of Indonesia’s largest financial institutions.

Bank Mandiri provides a broad range of banking and financial services to retail customers, small and medium-sized enterprises, commercial businesses, large corporations and government-related entities.