PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF) Sees Large Growth in Short Interest

PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 127,500 shares, a growth of 9,007.1% from the May 31st total of 1,400 shares. Based on an average daily trading volume, of 4,300 shares, the days-to-cover ratio is presently 29.7 days.

PT Bank Mandiri (Persero) Tbk Stock Performance

Shares of OTCMKTS:PPERF remained flat at $0.39 during trading on Friday. PT Bank Mandiri has a 52-week low of $0.33 and a 52-week high of $0.50. The stock’s 50 day simple moving average is $0.39 and its two-hundred day simple moving average is $0.42.

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.