Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Short Interest Update

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 3,437 shares, a growth of 3,943.5% from the December 31st total of 85 shares. Based on an average daily trading volume, of 3,369 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 3,369 shares, the days-to-cover ratio is presently 1.0 days.

Bank Leumi le-Israel B.M. Price Performance

Shares of BLMIF traded up $0.70 during midday trading on Tuesday, reaching $24.80. 28,483 shares of the stock were exchanged, compared to its average volume of 6,339. Bank Leumi le-Israel B.M. has a 52 week low of $12.55 and a 52 week high of $24.80. The company’s 50 day moving average is $22.99 and its two-hundred day moving average is $20.66.

About Bank Leumi le-Israel B.M.

Bank Leumi le-Israel B.M., commonly known as Bank Leumi, is one of Israel’s largest banking and financial services groups. Established in 1902 as the Anglo-Palestine Company, the bank played a foundational role in the economic development of Mandatory Palestine and, later, the State of Israel. Headquartered in Tel Aviv, Bank Leumi operates under the supervision of the Bank of Israel and maintains a network of domestic branches alongside a growing digital banking platform.

The bank’s core businesses encompass retail banking, private banking, corporate and commercial banking, and global banking services.