Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Short Interest Up 1,110.1% in March

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 12,512 shares, an increase of 1,110.1% from the February 26th total of 1,034 shares. Based on an average daily trading volume, of 587 shares, the days-to-cover ratio is currently 21.3 days. Based on an average daily trading volume, of 587 shares, the days-to-cover ratio is currently 21.3 days.

Bank Leumi le-Israel B.M. Stock Up 1.1%

OTCMKTS:BLMIF opened at $23.83 on Wednesday. Bank Leumi le-Israel B.M. has a 52-week low of $13.50 and a 52-week high of $26.41. The stock has a fifty day simple moving average of $24.65 and a 200-day simple moving average of $22.33.

Bank Leumi le-Israel B.M. Company Profile

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.