Bank Hapoalim (OTCMKTS:BKHYY) Short Interest Down 86.2% in June

Bank Hapoalim (OTCMKTS:BKHYY) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 1,723 shares, a drop of 86.2% from the June 15th total of 12,485 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 182,618 shares, the days-to-cover ratio is presently 0.0 days.

Bank Hapoalim Stock Performance

BKHYY stock traded up $0.24 during midday trading on Friday, reaching $116.86. 6,785 shares of the company’s stock traded hands, compared to its average volume of 57,719. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.66. Bank Hapoalim has a 52-week low of $87.76 and a 52-week high of $146.00. The stock has a market cap of $30.57 billion, a P/E ratio of 10.83 and a beta of 1.20. The stock’s 50-day moving average is $123.94 and its 200 day moving average is $124.90.

Bank Hapoalim (OTCMKTS:BKHYY) last issued its quarterly earnings results on Thursday, May 14th. The bank reported $2.59 earnings per share for the quarter, missing the consensus estimate of $2.64 by ($0.05). Bank Hapoalim had a return on equity of 14.38% and a net margin of 22.10%.The business had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $5.97 billion.

About Bank Hapoalim

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.