Bank Hapoalim (OTCMKTS:BKHYY) Short Interest Up 300.9% in July

Bank Hapoalim (OTCMKTS:BKHYY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 6,907 shares, a growth of 300.9% from the June 30th total of 1,723 shares. Based on an average daily trading volume, of 17,212 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are short sold.

Bank Hapoalim Stock Performance

Bank Hapoalim stock opened at $119.56 on Monday. The company’s 50-day moving average price is $120.13 and its 200-day moving average price is $125.18. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.66. The company has a market cap of $31.27 billion, a PE ratio of 11.08 and a beta of 1.20. Bank Hapoalim has a twelve month low of $87.76 and a twelve month high of $146.00.

Bank Hapoalim (OTCMKTS:BKHYY) last released its quarterly earnings results on Thursday, May 14th. The bank reported $2.59 EPS for the quarter, missing the consensus estimate of $2.64 by ($0.05). The company had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $5.97 billion. Bank Hapoalim had a return on equity of 14.38% and a net margin of 22.10%.

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.