Bank Hapoalim (OTCMKTS:BKHYY) Short Interest Up 1,157.7% in August

Bank Hapoalim (OTCMKTS:BKHYY) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 6,817 shares, a growth of 1,157.7% from the July 30th total of 542 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 9,083 shares, the short-interest ratio is currently 0.8 days.

Bank Hapoalim Stock Performance

Shares of Bank Hapoalim stock opened at $130.57 on Thursday. The company has a market cap of $34.15 billion, a PE ratio of 11.53 and a beta of 1.21. Bank Hapoalim has a 52 week low of $89.91 and a 52 week high of $146.00. The business has a 50 day moving average price of $121.06 and a 200-day moving average price of $125.61. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.66.

Bank Hapoalim (OTCMKTS:BKHYY) last announced its earnings results on Tuesday, August 11th. The bank reported $3.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.20. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $6.13 billion. Bank Hapoalim had a return on equity of 14.65% and a net margin of 22.88%.

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.