Bank Hapoalim (OTCMKTS:BKHYY) Short Interest Update

Bank Hapoalim (OTCMKTS:BKHYY) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 5,560 shares, a growth of 2,097.6% from the April 15th total of 253 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 9,492 shares, the short-interest ratio is presently 0.6 days.

Wall Street Analyst Weigh In

Separately, Barclays downgraded Bank Hapoalim from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Bank Hapoalim has an average rating of “Hold”.

Bank Hapoalim Price Performance

OTCMKTS BKHYY opened at $138.21 on Wednesday. The stock has a market capitalization of $36.21 billion, a P/E ratio of 12.88 and a beta of 1.21. Bank Hapoalim has a 1 year low of $77.40 and a 1 year high of $146.00. The business’s fifty day moving average is $128.41 and its two-hundred day moving average is $120.95. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.94 and a current ratio of 0.94.

Bank Hapoalim (OTCMKTS:BKHYY) last posted its quarterly earnings results on Wednesday, March 4th. The bank reported $2.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.51). The company had revenue of $1.76 billion during the quarter. Bank Hapoalim had a net margin of 22.63% and a return on equity of 15.20%.

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.