Short Interest in Malayan Banking Berhad (OTCMKTS:MLYBY) Declines By 16.7%

Malayan Banking Berhad (OTCMKTS:MLYBY) saw a large drop in short interest in June. As of June 15th, there was short interest totalling 4,500 shares, a drop of 16.7% from the May 31st total of 5,400 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 3.5 days.

Malayan Banking Berhad Price Performance

OTCMKTS MLYBY remained flat at $4.80 during trading hours on Tuesday. 55 shares of the company were exchanged, compared to its average volume of 1,368. Malayan Banking Berhad has a one year low of $3.20 and a one year high of $9.10. The business’s 50-day simple moving average is $4.81 and its 200-day simple moving average is $4.87.

Malayan Banking Berhad Company Profile

Malayan Banking Berhad provides commercial banking and related financial products and services. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance services.