PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF) Stock Short Interest Report for October

PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF) was the target of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 2,318 shares, a decline of 99.1% from the October 15th total of 266,857 shares. Based on an average daily trading volume, of 3,881,093 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group cut shares of PT Bank Mandiri (Persero) Tbk from a “buy” rating to a “sell” rating in a report on Tuesday, September 22nd. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock has an average rating of “Sell”.

PT Bank Mandiri (Persero) Tbk Stock Performance

OTCMKTS:PPERF remained flat at $0.20 during mid-day trading on Wednesday. The company had a trading volume of 73,490 shares, compared to its average volume of 686,019. The stock’s fifty day moving average price is $0.24 and its 200-day moving average price is $0.26. PT Bank Mandiri has a 1-year low of $0.19 and a 1-year high of $0.34.

PT Bank Mandiri (Persero) Tbk Company Profile

PT Bank Mandiri (Persero) Tbk is an Indonesian state-owned financial institution headquartered in Jakarta. The bank provides a broad range of banking and financial services to individuals, businesses, government entities and institutional customers across Indonesia. Its main activities include consumer banking, corporate and commercial lending, small and medium-sized enterprise financing, microfinance, trade finance, cash management, treasury services and investment banking. Bank Mandiri also offers deposit accounts, payment services, credit cards, mortgages, personal loans and digital banking products through its branch network and electronic channels.