Malayan Banking Berhad (OTCMKTS:MLYBY) Sees Significant Increase in Short Interest

Malayan Banking Berhad (OTCMKTS:MLYBY) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 1,050 shares, a growth of 950.0% from the October 15th total of 100 shares. Based on an average daily volume of 10,306 shares, the short-interest ratio is presently 0.1 days.

Malayan Banking Berhad Price Performance

Shares of MLYBY stock remained flat at $5.42 during trading hours on Wednesday. 2,358 shares of the stock traded hands, compared to its average volume of 2,869. Malayan Banking Berhad has a 1-year low of $4.27 and a 1-year high of $8.10. The business’s 50-day moving average price is $5.25 and its two-hundred day moving average price is $5.76.

Malayan Banking Berhad Company Profile

Malayan Banking Berhad, commonly known as Maybank, is a Malaysia-based banking group that provides financial services to individuals, businesses, corporations, and institutional clients. Its offerings include personal and commercial banking, consumer lending, deposits, credit cards, payments, trade finance, treasury services, and corporate financing. The group also operates businesses in investment banking, Islamic banking, wealth management, asset management, insurance, and takaful. Through its banking and financial-services subsidiaries, Maybank serves retail customers, small and medium-sized enterprises, large corporations, governments, and investors.