Bank of the Philippine Islands (OTCMKTS:BPHLY) Short Interest Down 52.5% in December

Bank of the Philippine Islands (OTCMKTS:BPHLY) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 541 shares, a drop of 52.5% from the December 15th total of 1,138 shares. Based on an average daily trading volume, of 1,637 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 1,637 shares, the days-to-cover ratio is presently 0.3 days.

Bank of the Philippine Islands Stock Up 5.0%

BPHLY opened at C$44.49 on Friday. The firm’s fifty day moving average price is C$39.36 and its 200 day moving average price is C$39.83. Bank of the Philippine Islands has a 12-month low of C$32.90 and a 12-month high of C$52.02.

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.