Bank Hapoalim (OTCMKTS:BKHYY) Stock Short Interest Report for September

Bank Hapoalim (OTCMKTS:BKHYY) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 370 shares, a decrease of 99.2% from the September 15th total of 45,758 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 18,478 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group upgraded shares of Bank Hapoalim from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 16th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Bank Hapoalim Stock Down 0.7%

BKHYY traded down $0.85 during mid-day trading on Friday, reaching $119.50. 10,201 shares of the stock were exchanged, compared to its average volume of 12,680. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market capitalization of $31.24 billion, a PE ratio of 10.56 and a beta of 1.24. The company has a 50 day moving average price of $128.93 and a two-hundred day moving average price of $125.68. Bank Hapoalim has a 1 year low of $93.33 and a 1 year high of $146.00.

Bank Hapoalim (OTCMKTS:BKHYY) last posted its earnings results on Tuesday, August 11th. The bank reported $3.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.20. Bank Hapoalim had a net margin of 22.88% and a return on equity of 14.08%. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $6.13 billion.

Bank Hapoalim Company Profile

Bank Hapoalim B.M. is an Israeli financial institution headquartered in Tel Aviv. Founded in 1921, it is one of Israel’s largest banking groups and provides financial services to individuals, businesses, institutional clients and government-related organizations.

The bank offers personal and business deposit accounts, consumer and commercial lending, mortgages, credit cards, payment services and digital banking. Its corporate and investment banking activities include working-capital financing, trade finance, foreign exchange, capital-markets services and financial advisory.