Bank Hapoalim (OTCMKTS:BKHYY) Short Interest Down 70.8% in August

Bank Hapoalim (OTCMKTS:BKHYYGet Free Report) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 1,993 shares, a decrease of 70.8% from the August 15th total of 6,817 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 8,564 shares, the days-to-cover ratio is presently 0.2 days.

Bank Hapoalim Stock Performance

BKHYY opened at $132.12 on Monday. The firm has a market cap of $34.51 billion, a P/E ratio of 11.67 and a beta of 1.20. Bank Hapoalim has a 1-year low of $89.91 and a 1-year high of $146.00. The company has a 50 day simple moving average of $124.97 and a two-hundred day simple moving average of $125.47. 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 (OTCMKTS:BKHYYGet Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The bank reported $3.21 EPS for the quarter, beating the consensus estimate of $3.01 by $0.20. Bank Hapoalim had a net margin of 22.88% and a return on equity of 14.65%. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $6.13 billion.

Bank Hapoalim Company Profile

(Get Free Report)

Bank Hapoalim B.M. is one of Israel’s largest banking institutions, serving individual, business, corporate and institutional customers. The bank provides a broad range of financial services, including deposit accounts, consumer and commercial lending, mortgages, payment cards, foreign-currency services and digital banking.

Its business also includes corporate and investment banking, capital-markets services, asset management, private banking and wealth-management solutions. Bank Hapoalim serves customers through a network of branches and digital channels in Israel, while its international activities are conducted through subsidiaries and representative operations serving selected global markets.

Established in 1921, the bank has played a longstanding role in Israel’s financial system.

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