Malayan Banking Berhad (OTCMKTS:MLYBY – Get Free Report) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 243 shares, a decrease of 67.6% from the July 30th total of 749 shares. Based on an average daily volume of 1,850 shares, the short-interest ratio is presently 0.1 days.
Malayan Banking Berhad Stock Performance
Malayan Banking Berhad stock opened at $5.60 on Thursday. Malayan Banking Berhad has a 12-month low of $4.08 and a 12-month high of $8.10. The company has a 50-day moving average price of $5.39 and a 200 day moving average price of $5.95.
About Malayan Banking Berhad
Malayan Banking Berhad, commonly known as Maybank, is a Malaysian universal bank established in 1960. Headquartered in Kuala Lumpur, the bank offers a full range of financial services to both retail and corporate clients. Its core business activities encompass consumer and commercial banking, treasury and markets, investment banking, and Islamic banking solutions under its Maybank Islamic arm. Maybank’s product suite also extends to asset management, insurance, and digital financial services designed to serve individual and business customers.
Throughout its history, Maybank has expanded through organic growth and strategic acquisitions to become one of Southeast Asia’s leading financial institutions.
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