Short Interest in Bank of the Philippine Islands (OTCMKTS:BPHLF) Drops By 99.6%

Bank of the Philippine Islands (OTCMKTS:BPHLF) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 500 shares, a decrease of 99.6% from the August 15th total of 135,700 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is presently 0.3 days.

Bank of the Philippine Islands Stock Performance

BPHLF opened at $1.62 on Friday. The firm has a 50-day moving average price of $1.72 and a two-hundred day moving average price of $1.83. Bank of the Philippine Islands has a 1-year low of $1.62 and a 1-year high of $2.30.

About Bank of the Philippine Islands

Bank of the Philippine Islands, together with its subsidiaries, provides various financial products and services to retail and corporate clients in the Philippines. It operates through Consumer Banking, Corporate Banking, and Investment Banking segments. The Consumer Banking segment offers deposit taking and servicing; and consumer lending, such as home mortgages, auto loans, and credit card finance, as well as remittance services to individual and retail markets.