Bank Hapoalim (OTCMKTS:BKHYY) Short Interest Down 79.8% in February

Bank Hapoalim (OTCMKTS:BKHYY) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 1,578 shares, a drop of 79.8% from the January 29th total of 7,824 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 10,495 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 10,495 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded shares of Bank Hapoalim from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Bank Hapoalim Price Performance

Shares of OTCMKTS BKHYY opened at $129.81 on Thursday. The stock has a fifty day moving average price of $124.10 and a 200 day moving average price of $109.19. Bank Hapoalim has a 1-year low of $64.20 and a 1-year high of $143.25. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market cap of $34.09 billion, a PE ratio of 13.13 and a beta of 1.19.

About Bank Hapoalim

Bank Hapoalim B.M. is one of Israel’s largest banking groups, providing a broad range of financial services to retail, corporate and institutional customers. Founded in 1921 by the Histadrut labor federation, the bank has developed into a full-service financial institution offering deposit accounts, consumer and mortgage lending, credit cards, payment services, and branch-based retail banking. It also serves small and medium-sized enterprises with working capital and trade finance solutions.

In addition to traditional retail banking, Bank Hapoalim operates significant corporate and investment banking divisions.