PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Short Interest Down 71.0% in August

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 4,104 shares, a decrease of 71.0% from the July 30th total of 14,156 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 132,110 shares, the days-to-cover ratio is presently 0.0 days.

PT Bank Mandiri Persero TBK Stock Performance

OTCMKTS:PPERY traded up $0.05 during trading hours on Thursday, hitting $9.47. The company had a trading volume of 26,446 shares, compared to its average volume of 144,076. The stock has a 50-day moving average price of $9.25 and a 200 day moving average price of $10.24. PT Bank Mandiri Persero TBK has a 52 week low of $8.20 and a 52 week 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.