Short Interest in Bank Hapoalim (OTCMKTS:BKHYY) Decreases By 92.2%

Bank Hapoalim (OTCMKTS:BKHYY) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 542 shares, a drop of 92.2% from the July 15th total of 6,907 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 26,833 shares, the short-interest ratio is presently 0.0 days.

Bank Hapoalim Price Performance

OTCMKTS BKHYY opened at $130.48 on Thursday. The firm’s fifty day simple moving average is $118.62 and its two-hundred day simple moving average is $125.27. The firm has a market capitalization of $34.13 billion, a P/E ratio of 11.53 and a beta of 1.21. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.66. Bank Hapoalim has a 12-month low of $89.15 and a 12-month high of $146.00.

Bank Hapoalim (OTCMKTS:BKHYY) last posted its quarterly earnings data on Tuesday, August 11th. The bank reported $3.21 earnings per share for the quarter, topping analysts’ consensus estimates of $3.01 by $0.20. Bank Hapoalim had a return on equity of 14.65% and a net margin of 22.88%.The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $6.11 billion.

About Bank Hapoalim

Bank Hapoalim B.M. is one of Israel’s largest banking groups, providing a broad range of financial services to retail, corporate and institutional customers. Founded in 1921 by the Histadrut labor federation, the bank has developed into a full-service financial institution offering deposit accounts, consumer and mortgage lending, credit cards, payment services, and branch-based retail banking. It also serves small and medium-sized enterprises with working capital and trade finance solutions.

In addition to traditional retail banking, Bank Hapoalim operates significant corporate and investment banking divisions.