Short Interest in Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Declines By 81.3%

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 140 shares, a decrease of 81.3% from the April 30th total of 747 shares. Based on an average daily volume of 579 shares, the short-interest ratio is currently 0.2 days.

Bank Leumi le-Israel B.M. Stock Performance

BLMIF opened at $26.00 on Friday. Bank Leumi le-Israel B.M. has a twelve month low of $15.85 and a twelve month high of $27.00. The company has a 50-day moving average price of $24.80 and a 200 day moving average price of $24.01.

Bank Leumi le-Israel B.M. Company Profile

Bank Leumi le-Israel B.M., commonly known as Bank Leumi, is one of Israel’s largest banking and financial services groups. Established in 1902 as the Anglo-Palestine Company, the bank played a foundational role in the economic development of Mandatory Palestine and, later, the State of Israel. Headquartered in Tel Aviv, Bank Leumi operates under the supervision of the Bank of Israel and maintains a network of domestic branches alongside a growing digital banking platform.

The bank’s core businesses encompass retail banking, private banking, corporate and commercial banking, and global banking services.