Short Interest in Bank Hapoalim B.M. (OTCMKTS:BKHYY) Drops By 66.7%

Bank Hapoalim B.M. (OTCMKTS:BKHYY) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 100 shares, a decline of 66.7% from the June 15th total of 300 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 0.5 days.

Bank Hapoalim B.M. Stock Performance

BKHYY stock remained flat at $44.20 during midday trading on Thursday. The company had a trading volume of 4 shares, compared to its average volume of 143. The stock’s fifty day moving average is $45.20 and its 200-day moving average is $44.33. The stock has a market capitalization of $11.82 billion, a PE ratio of 6.02 and a beta of 1.07. Bank Hapoalim B.M. has a 52-week low of $33.20 and a 52-week high of $47.00. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.92 and a current ratio of 0.92.

Bank Hapoalim B.M. (OTCMKTS:BKHYY) last released its quarterly earnings results on Sunday, May 19th. The bank reported $1.98 earnings per share for the quarter. The company had revenue of $1.39 billion during the quarter. Bank Hapoalim B.M. had a return on equity of 14.05% and a net margin of 18.81%. Research analysts anticipate that Bank Hapoalim B.M. will post 6.72 EPS for the current year.

Bank Hapoalim B.M. Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, June 20th. Shareholders of record on Monday, June 3rd were paid a dividend of $0.5726 per share. The ex-dividend date was Monday, June 3rd. This is a positive change from Bank Hapoalim B.M.’s previous dividend of $0.25. Bank Hapoalim B.M.’s dividend payout ratio is currently 30.65%.

About Bank Hapoalim B.M.

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.