PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Short Interest Up 10,661.0% in May

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 15,173 shares, a growth of 10,661.0% from the May 14th total of 141 shares. Based on an average daily volume of 249,461 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

PT Bank Mandiri Persero TBK Price Performance

Shares of PT Bank Mandiri Persero TBK stock traded up $0.85 during mid-day trading on Tuesday, hitting $9.16. 208,358 shares of the stock were exchanged, compared to its average volume of 152,314. PT Bank Mandiri Persero TBK has a 12 month low of $8.20 and a 12 month high of $13.11. The company has a 50-day simple moving average of $10.17 and a 200 day simple moving average of $11.24.

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.