Short Interest in Malayan Banking Berhad (OTCMKTS:MLYBY) Grows By 141.6%

Malayan Banking Berhad (OTCMKTS:MLYBY) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 587 shares, an increase of 141.6% from the August 15th total of 243 shares. Based on an average daily volume of 1,656 shares, the short-interest ratio is presently 0.4 days.

Malayan Banking Berhad Stock Down 0.1%

OTCMKTS:MLYBY traded down $0.01 on Friday, reaching $5.24. 2,872 shares of the stock traded hands, compared to its average volume of 2,724. The company’s fifty day simple moving average is $5.50 and its 200 day simple moving average is $5.86. Malayan Banking Berhad has a 12 month low of $4.08 and a 12 month high of $8.10.

Malayan Banking Berhad Company Profile

Malayan Banking Berhad, commonly known as Maybank, is a Malaysian universal bank established in 1960. Headquartered in Kuala Lumpur, the bank offers a full range of financial services to both retail and corporate clients. Its core business activities encompass consumer and commercial banking, treasury and markets, investment banking, and Islamic banking solutions under its Maybank Islamic arm. Maybank’s product suite also extends to asset management, insurance, and digital financial services designed to serve individual and business customers.

Throughout its history, Maybank has expanded through organic growth and strategic acquisitions to become one of Southeast Asia’s leading financial institutions.