Bank Hapoalim (OTCMKTS:BKHYY) Stock Short Interest Report for October

Bank Hapoalim (OTCMKTS:BKHYY) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 3,112 shares, an increase of 741.1% from the September 30th total of 370 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 15,268 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Jefferies Financial Group raised Bank Hapoalim from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Bank Hapoalim Trading Down 8.1%

OTCMKTS:BKHYY opened at $116.88 on Thursday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.60. Bank Hapoalim has a 1-year low of $100.29 and a 1-year high of $146.00. The firm has a market capitalization of $30.53 billion, a price-to-earnings ratio of 10.33 and a beta of 1.24. The stock has a fifty day simple moving average of $127.88 and a 200 day simple moving average of $125.95.

Bank Hapoalim (OTCMKTS:BKHYY) last issued 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. Bank Hapoalim had a return on equity of 14.08% and a net margin of 22.88%. The firm had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $6.13 billion.

About Bank Hapoalim

Bank Hapoalim B.M. is one of Israel’s largest banking institutions. Founded in 1921, the bank provides a broad range of financial services to individuals, businesses, institutional clients and government-related entities, with its primary operations based in Israel.

Its services include personal and business checking accounts, deposits, consumer and commercial lending, mortgages, credit cards, payments, foreign-currency services, investment products and digital banking. Bank Hapoalim also offers corporate and investment banking services, including financing, cash management, trade finance, capital-markets services and advisory solutions for larger companies and institutional customers.

In addition to its extensive branch network and digital channels in Israel, the bank serves selected international clients through overseas activities and representative operations.