Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Sees Significant Decrease in Short Interest

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIFGet Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 140 shares, a decline of 81.3% from the April 30th total of 747 shares. Based on an average trading volume of 579 shares, the short-interest ratio is presently 0.2 days.

Bank Leumi le-Israel B.M. Price Performance

BLMIF stock opened at $26.00 on Friday. Bank Leumi le-Israel B.M. has a 12 month low of $15.85 and a 12 month high of $27.00. The firm has a 50 day moving average of $24.86 and a two-hundred day moving average of $24.03.

Bank Leumi le-Israel B.M. Company Profile

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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.

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