Short Interest in Bank Hapoalim (OTCMKTS:BKHYY) Grows By 137.7%

Bank Hapoalim (OTCMKTS:BKHYY) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 12,600 shares, an increase of 137.7% from the August 31st total of 5,300 shares. Based on an average daily volume of 51,800 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 51,800 shares, the short-interest ratio is presently 0.2 days.

Bank Hapoalim Stock Performance

Shares of OTCMKTS BKHYY opened at $101.35 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.91 and a current ratio of 0.91. The firm has a market cap of $26.71 billion, a price-to-earnings ratio of 11.64 and a beta of 1.11. The business’s 50-day simple moving average is $95.39 and its 200-day simple moving average is $85.60. Bank Hapoalim has a 52 week low of $47.39 and a 52 week high of $103.35.

Bank Hapoalim (OTCMKTS:BKHYY) last issued its quarterly earnings data on Wednesday, August 13th. The bank reported $2.68 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.32. The business had revenue of $1.80 billion for the quarter, compared to analyst estimates of $5.97 billion. Bank Hapoalim had a return on equity of 14.21% and a net margin of 20.12%.

Bank Hapoalim Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, September 10th. Shareholders of record on Tuesday, August 26th were issued a $1.0505 dividend. This is an increase from Bank Hapoalim’s previous dividend of $0.54. The ex-dividend date of this dividend was Monday, August 25th. This represents a yield of 238.0%. Bank Hapoalim’s payout ratio is 47.99%.

Analysts Set New Price Targets

Separately, Zacks Research raised Bank Hapoalim to a “hold” rating in a research report on Monday, August 11th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

Bank Hapoalim Company Profile

Bank Hapoalim B.M., together with its subsidiaries, provides various banking and financial products and services in Israel and internationally. It operates through Household, Private Banking, Small businesses and micro businesses, Mid-sized businesses, Large businesses, Institutional entities, and Financial management segments.