Malayan Banking Berhad (OTCMKTS:MLYBY) Sees Large Increase in Short Interest

by · The Markets Daily

Malayan Banking Berhad (OTCMKTS:MLYBY – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 1,050 shares, a growth of 950.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 10,306 shares, the short-interest ratio is presently 0.1 days.

Malayan Banking Berhad Stock Up 2.9%

Shares of MLYBY stock traded up $0.15 on Tuesday, hitting $5.42. 2,358 shares of the stock were exchanged, compared to its average volume of 2,869. Malayan Banking Berhad has a one year low of $4.27 and a one year high of $8.10. The firm’s 50 day moving average is $5.25 and its two-hundred day moving average is $5.76.

Malayan Banking Berhad Company Profile

(Get Free Report)

Malayan Banking Berhad, commonly known as Maybank, is a Malaysia-based banking group that provides financial services to individuals, businesses, corporations, and institutional clients. Its offerings include personal and commercial banking, consumer lending, deposits, credit cards, payments, trade finance, treasury services, and corporate financing. The group also operates businesses in investment banking, Islamic banking, wealth management, asset management, insurance, and takaful. Through its banking and financial-services subsidiaries, Maybank serves retail customers, small and medium-sized enterprises, large corporations, governments, and investors.

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