Bank Hapoalim (OTCMKTS:BKHYY) Short Interest Down 79.8% in February

Bank Hapoalim (OTCMKTS:BKHYY) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 1,578 shares, a decrease of 79.8% from the January 29th total of 7,824 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 10,495 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 10,495 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Bank Hapoalim Stock Performance

Shares of BKHYY stock opened at $129.81 on Thursday. The stock’s 50-day moving average is $124.10 and its two-hundred day moving average is $109.19. The firm has a market cap of $34.09 billion, a price-to-earnings ratio of 13.13 and a beta of 1.19. Bank Hapoalim has a 1 year low of $64.20 and a 1 year high of $143.25. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.93 and a current ratio of 0.93.

Wall Street Analyst Weigh In

Separately, Barclays lowered Bank Hapoalim from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Bank Hapoalim Company Profile

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.