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

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) saw a significant drop in short interest in February. As of February 13th, there was short interest totaling 1,200 shares, a drop of 56.0% from the January 29th total of 2,728 shares. Based on an average daily volume of 340 shares, the short-interest ratio is currently 3.5 days. Based on an average daily volume of 340 shares, the short-interest ratio is currently 3.5 days.

Bank Leumi le-Israel B.M. Trading Up 1.1%

OTCMKTS:BLMIF traded up $0.28 on Friday, hitting $25.15. The stock had a trading volume of 234 shares, compared to its average volume of 3,417. Bank Leumi le-Israel B.M. has a 1 year low of $13.50 and a 1 year high of $26.00. The firm’s fifty day simple moving average is $24.18 and its two-hundred day simple moving average is $21.66.

About Bank Leumi le-Israel B.M.

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.