Mizrahi Tefahot Bank Ltd. (OTCMKTS:MZTFF) Sees Large Growth in Short Interest

Mizrahi Tefahot Bank Ltd. (OTCMKTS:MZTFF) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 393,092 shares, an increase of 112.7% from the May 14th total of 184,827 shares. Based on an average daily trading volume, of 1,016 shares, the short-interest ratio is currently 386.9 days.

Mizrahi Tefahot Bank Stock Performance

Mizrahi Tefahot Bank stock remained flat at $78.11 during mid-day trading on Friday. The company’s stock had a trading volume of 5 shares, compared to its average volume of 1,306. Mizrahi Tefahot Bank has a 1-year low of $68.25 and a 1-year high of $80.20. The firm’s 50-day moving average is $76.20 and its two-hundred day moving average is $75.51.

Mizrahi Tefahot Bank Company Profile

Mizrahi Tefahot Bank Ltd., together with its subsidiaries, provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel, Switzerland, and internationally. It operates through Household, Private Banking, Small and Micro Business, Medium Business, Large Business, Institutional Investors, and Financial Management segments. The company offers checking, savings, and deposits accounts; loans, such as instant, home renovation, auto, all-purpose, student, and business; mortgages; and credit cards.