Short Interest in Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Drops By 20.6%

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 2,728 shares, a decline of 20.6% from the January 15th total of 3,437 shares. Based on an average daily trading volume, of 25,322 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 25,322 shares, the days-to-cover ratio is presently 0.1 days.

Bank Leumi le-Israel B.M. Price Performance

Shares of OTCMKTS:BLMIF opened at $24.90 on Tuesday. Bank Leumi le-Israel B.M. has a 12 month low of $12.55 and a 12 month high of $24.80. The company’s 50-day moving average price is $23.84 and its two-hundred day moving average price is $21.24.

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.