Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Sees Large Increase in Short Interest

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 831 shares, an increase of 103.7% from the September 30th total of 408 shares. Based on an average daily volume of 279 shares, the days-to-cover ratio is presently 3.0 days.

Bank Leumi le-Israel B.M. Stock Performance

Shares of BLMIF stock opened at $24.14 on Friday. Bank Leumi le-Israel B.M. has a 52 week low of $19.23 and a 52 week high of $27.00. The company’s 50 day moving average price is $25.24 and its two-hundred day moving average price is $24.51.

About Bank Leumi le-Israel B.M.

(Get Free Report)

Bank Leumi le-Israel B.M. is one of Israel’s leading banking groups and provides financial services to individuals, businesses, corporations and institutional clients. Its offerings include checking and savings accounts, consumer and housing loans, mortgages, credit cards, payment services, investment products and wealth management.

The bank also serves commercial and corporate customers through credit facilities, working-capital financing, trade finance, cash management, foreign-exchange services, investment banking and capital-markets activities.

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