Bank Hapoalim (OTCMKTS:BKHYY) Sees Significant Increase in Short Interest

Bank Hapoalim (OTCMKTS:BKHYY) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 6,817 shares, a growth of 1,157.7% from the July 30th total of 542 shares. Based on an average daily volume of 9,083 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the shares of the company are short sold.

Bank Hapoalim Stock Performance

Bank Hapoalim stock opened at $129.95 on Wednesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.96 and a quick ratio of 0.96. Bank Hapoalim has a 12 month low of $89.91 and a 12 month high of $146.00. The company has a fifty day moving average price of $120.78 and a two-hundred day moving average price of $125.60. The company has a market cap of $33.98 billion, a PE ratio of 11.48 and a beta of 1.21.

Bank Hapoalim (OTCMKTS:BKHYY) last issued its earnings results on Tuesday, August 11th. The bank reported $3.21 earnings per share for the quarter, topping analysts’ consensus estimates of $3.01 by $0.20. Bank Hapoalim had a net margin of 22.88% and a return on equity of 14.65%. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $6.13 billion.

Bank Hapoalim Company Profile

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.