Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF – Get Free Report) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 191 shares, a drop of 97.7% from the June 30th total of 8,335 shares. Based on an average daily volume of 428 shares, the short-interest ratio is currently 0.4 days.
Bank Leumi le-Israel B.M. Stock Performance
BLMIF stock opened at $23.50 on Friday. The firm has a 50 day moving average price of $23.30 and a 200-day moving average price of $24.18. Bank Leumi le-Israel B.M. has a 52-week low of $17.35 and a 52-week high of $27.00.
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.
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