Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Sees Large Growth in Short Interest

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 14,100 shares, an increase of 95.8% from the September 30th total of 7,200 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 70.5 days. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 70.5 days.

Bank Leumi le-Israel B.M. Trading Up 7.2%

BLMIF opened at $20.60 on Friday. Bank Leumi le-Israel B.M. has a 12 month low of $11.22 and a 12 month high of $20.80. The business’s 50-day moving average price is $19.52 and its 200-day moving average price is $17.84.

Bank Leumi le-Israel B.M. Company Profile

Bank Leumi le-Israel B.M., together with its subsidiaries, engages in the provision of banking and financial services for personal and private customers in households, small and medium enterprises, and corporations in Israel, the United States, the United Kingdom, and internationally. The company provides demand, fixed, and savings deposits, as well as housing loans, collateral loans, property finance, hotel finance, asset-based lending, and trade finance services.