Bank Hapoalim (OTCMKTS:BKHYY – Get Free Report) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 6,817 shares, an increase of 1,157.7% from the July 30th total of 542 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 9,083 shares, the days-to-cover ratio is currently 0.8 days.
Bank Hapoalim Stock Up 1.4%
Bank Hapoalim stock traded up $1.76 during midday trading on Tuesday, reaching $129.95. The stock had a trading volume of 5,282 shares, compared to its average volume of 6,473. The stock has a market capitalization of $33.98 billion, a P/E ratio of 11.48 and a beta of 1.21. The firm’s fifty day simple moving average is $120.78 and its 200-day simple moving average is $125.60. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.96 and a current ratio of 0.96. Bank Hapoalim has a 1-year low of $89.91 and a 1-year high of $146.00.
Bank Hapoalim (OTCMKTS:BKHYY – Get Free Report) last released its quarterly earnings results on Tuesday, August 11th. The bank reported $3.21 earnings per share for the quarter, topping analysts’ consensus estimates of $3.01 by $0.20. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $6.13 billion. Bank Hapoalim had a return on equity of 14.65% and a net margin of 22.88%.
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.
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