PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERY) Sees Significant Increase in Short Interest

PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERY) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 53,900 shares, an increase of 194.5% from the February 29th total of 18,300 shares. Based on an average daily volume of 406,000 shares, the short-interest ratio is presently 0.1 days.

PT Bank Mandiri (Persero) Tbk Trading Down 0.8 %

OTCMKTS:PPERY opened at $18.05 on Thursday. PT Bank Mandiri has a 12 month low of $10.55 and a 12 month high of $19.42. The stock has a 50 day moving average of $17.74 and a two-hundred day moving average of $16.18.

PT Bank Mandiri (Persero) Tbk Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, April 12th. Stockholders of record on Monday, March 25th will be given a $0.6765 dividend. The ex-dividend date is Friday, March 22nd. This is a positive change from PT Bank Mandiri (Persero) Tbk’s previous dividend of $0.50.

About PT Bank Mandiri (Persero) Tbk

PT Bank Mandiri (Persero) Tbk provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, the United Kingdom, and the Cayman Islands. The company operates through Wholesale and Retail segments. It offers savings and current accounts, time deposits, demand deposits, and foreign currency savings and current accounts; motorcycle loans, mortgage loan, and housing loans, as well as loans for various purposes, such as education, home renovation, marriage, health, and other needs for individuals; and working capital loans, investment loans, people's business loans, syndicated loans, and micro business loans for businesses.