Short Interest in Bank of the Philippine Islands (OTCMKTS:BPHLY) Increases By 173.3%

Bank of the Philippine Islands (OTCMKTS:BPHLY) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 14,595 shares, a growth of 173.3% from the May 14th total of 5,340 shares. Based on an average daily volume of 6,658 shares, the days-to-cover ratio is currently 2.2 days.

Bank of the Philippine Islands Price Performance

Bank of the Philippine Islands stock remained flat at C$31.92 during mid-day trading on Friday. The company’s stock had a trading volume of 5,975 shares, compared to its average volume of 2,767. The company has a fifty day moving average of C$31.63 and a 200 day moving average of C$36.47. Bank of the Philippine Islands has a fifty-two week low of C$27.00 and a fifty-two week high of C$50.06.

Bank of the Philippine Islands Company Profile

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.