Short Interest in PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Drops By 56.5%

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 7,829 shares, a decline of 56.5% from the June 30th total of 17,988 shares. Based on an average daily volume of 276,998 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

PT Bank Mandiri Persero TBK Price Performance

Shares of OTCMKTS:PPERY traded down $0.07 during mid-day trading on Wednesday, reaching $8.96. The stock had a trading volume of 40,763 shares, compared to its average volume of 154,309. The business’s 50 day moving average price is $9.26 and its 200 day moving average price is $10.56. PT Bank Mandiri Persero TBK has a 1 year low of $8.20 and a 1 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.