Bank of the Philippine Islands (OTCMKTS:BPHLY – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 14,595 shares, an increase of 173.3% from the May 14th total of 5,340 shares. Based on an average daily volume of 6,658 shares, the days-to-cover ratio is presently 2.2 days.
Bank of the Philippine Islands Stock Performance
Shares of OTCMKTS:BPHLY traded down C$3.12 during trading on Friday, reaching C$28.80. 1,422 shares of the company traded hands, compared to its average volume of 2,772. Bank of the Philippine Islands has a 52-week low of C$27.00 and a 52-week high of C$50.06. The business’s fifty day moving average is C$31.52 and its 200-day moving average is C$36.42.
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.
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