Bank of the Philippine Islands (OTCMKTS:BPHLY) Sees Significant Decline in Short Interest

Bank of the Philippine Islands (OTCMKTS:BPHLY) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 1,171 shares, a decrease of 21.7% from the November 30th total of 1,495 shares. Based on an average trading volume of 767 shares, the short-interest ratio is presently 1.5 days. Based on an average trading volume of 767 shares, the short-interest ratio is presently 1.5 days.

Bank of the Philippine Islands Stock Performance

OTCMKTS:BPHLY opened at C$38.88 on Tuesday. Bank of the Philippine Islands has a 52 week low of C$32.90 and a 52 week high of C$52.02. The stock’s 50-day moving average price is C$37.96 and its 200-day moving average price is C$40.33.

Bank of the Philippine Islands Company Profile

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.