Malayan Banking Berhad (OTCMKTS:MLYBY) Sees Significant Decline in Short Interest

Malayan Banking Berhad (OTCMKTS:MLYBY) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 300 shares, a decline of 57.1% from the December 15th total of 700 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 0.3 days.

Malayan Banking Berhad Trading Down 11.8 %

Shares of MLYBY stock opened at $5.18 on Thursday. Malayan Banking Berhad has a 1-year low of $3.82 and a 1-year high of $6.40. The stock’s fifty day simple moving average is $5.25 and its 200-day simple moving average is $5.14.

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.