Bank Hapoalim (OTCMKTS:BKHYY) Short Interest Down 86.8% in April

Bank Hapoalim (OTCMKTS:BKHYY) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totaling 253 shares, a decline of 86.8% from the March 31st total of 1,917 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 12,615 shares, the days-to-cover ratio is currently 0.0 days.

Bank Hapoalim Stock Performance

Shares of BKHYY stock opened at $133.06 on Friday. The company’s fifty day simple moving average is $126.99 and its 200-day simple moving average is $117.87. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.56. The firm has a market cap of $34.88 billion, a PE ratio of 12.40 and a beta of 1.20. Bank Hapoalim has a 12 month low of $73.66 and a 12 month high of $143.25.

Bank Hapoalim (OTCMKTS:BKHYY) last announced its quarterly earnings data on Wednesday, March 4th. The bank reported $2.41 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.51). The business had revenue of $1.76 billion during the quarter. Bank Hapoalim had a return on equity of 15.20% and a net margin of 22.63%.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered shares of Bank Hapoalim from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

About Bank Hapoalim

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.