PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Short Interest Up 10,661.0% in May

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 15,173 shares, an increase of 10,661.0% from the May 14th total of 141 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 249,461 shares, the days-to-cover ratio is presently 0.1 days.

PT Bank Mandiri Persero TBK Stock Up 4.4%

Shares of OTCMKTS:PPERY opened at $9.56 on Thursday. The firm’s 50 day simple moving average is $10.10 and its 200-day simple moving average is $11.21. PT Bank Mandiri Persero TBK has a one year low of $8.20 and a one year high of $13.11.

PT Bank Mandiri Persero TBK Company Profile

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.