Bank Hapoalim (OTCMKTS:BKHYY) Sees Large Increase in Short Interest

Bank Hapoalim (OTCMKTS:BKHYYGet Free Report) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 6,907 shares, an increase of 300.9% from the June 30th total of 1,723 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 17,212 shares, the short-interest ratio is presently 0.4 days.

Bank Hapoalim Stock Up 2.7%

OTCMKTS:BKHYY opened at $119.56 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market cap of $31.27 billion, a PE ratio of 11.08 and a beta of 1.20. Bank Hapoalim has a 52-week low of $87.76 and a 52-week high of $146.00. The stock has a 50-day simple moving average of $120.13 and a 200 day simple moving average of $125.09.

Bank Hapoalim (OTCMKTS:BKHYYGet Free Report) last announced its earnings results on Thursday, May 14th. The bank reported $2.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.05). Bank Hapoalim had a net margin of 22.10% and a return on equity of 14.38%. The firm had revenue of $1.76 billion during the quarter, compared to analyst estimates of $5.97 billion.

Bank Hapoalim Company Profile

(Get Free Report)

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.

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