Short Interest in Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Decreases By 74.2%

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 85 shares, a decline of 74.2% from the December 15th total of 330 shares. Based on an average daily volume of 362 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 362 shares, the days-to-cover ratio is presently 0.2 days.

Bank Leumi le-Israel B.M. Stock Up 3.0%

BLMIF stock opened at $24.10 on Tuesday. The stock’s 50 day simple moving average is $22.21 and its 200 day simple moving average is $20.25. Bank Leumi le-Israel B.M. has a 12-month low of $12.35 and a 12-month high of $24.79.

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.