Bank of the Philippine Islands (OTCMKTS:BPHLY) Sees Significant Increase in Short Interest

Bank of the Philippine Islands (OTCMKTS:BPHLY) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 2,903 shares, a growth of 1,038.4% from the February 26th total of 255 shares. Based on an average daily volume of 4,941 shares, the short-interest ratio is currently 0.6 days.

Bank of the Philippine Islands Stock Performance

BPHLY stock traded down C$1.15 during trading on Thursday, hitting C$32.85. The company had a trading volume of 215 shares, compared to its average volume of 1,625. Bank of the Philippine Islands has a 12 month low of C$32.50 and a 12 month high of C$52.02. The firm has a 50-day moving average price of C$38.70 and a 200-day moving average price of C$38.59.

About Bank of the Philippine Islands

Bank of the Philippine Islands (OTCMKTS:BPHLY) is one of the Philippines’ oldest and largest universal banks, offering an integrated suite of financial solutions to retail, corporate and institutional clients. Headquartered in Makati City, the bank provides traditional banking services alongside digital channels, serving millions of Filipinos through its expansive branch and ATM network as well as online platforms.

Founded in 1851 as El Banco Español Filipino de Isabel II, BPI holds the distinction of being the first bank established in the Philippines.