Short Interest in Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Declines By 54.0%

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIFGet Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 197 shares, a decrease of 54.0% from the May 31st total of 428 shares. Based on an average trading volume of 395 shares, the days-to-cover ratio is currently 0.5 days.

Bank Leumi le-Israel B.M. Stock Performance

Shares of OTCMKTS:BLMIF opened at $21.50 on Tuesday. The firm’s fifty day moving average is $24.64 and its 200-day moving average is $24.26. 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

(Get Free Report)

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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