Short Interest in PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Expands By 2,149.0%

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 92,298 shares, an increase of 2,149.0% from the August 15th total of 4,104 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 114,056 shares, the days-to-cover ratio is presently 0.8 days.

PT Bank Mandiri Persero TBK Price Performance

OTCMKTS:PPERY traded down $0.06 during midday trading on Thursday, hitting $9.91. 65,427 shares of the company were exchanged, compared to its average volume of 139,305. PT Bank Mandiri Persero TBK has a fifty-two week low of $8.20 and a fifty-two week high of $13.11. The company has a fifty day simple moving average of $9.39 and a 200 day simple moving average of $10.08.

About PT Bank Mandiri Persero TBK

PT Bank Mandiri (Persero) Tbk is an Indonesian state-owned banking group headquartered in Jakarta. Established in 1998 through the merger of Bank Bumi Daya, Bank Dagang Negara, Bank Ekspor Impor Indonesia and Bank Pembangunan Indonesia, it has grown into one of Indonesia’s largest providers of financial services.

Bank Mandiri serves individual, small and medium-sized business, commercial and corporate customers. Its offerings include deposit accounts, consumer and business lending, credit cards, cash management, trade finance, investment and treasury services, payments, and digital banking.