Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Short Interest Up 4,131.0% in June

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 8,335 shares, a growth of 4,131.0% from the June 15th total of 197 shares. Based on an average trading volume of 263 shares, the days-to-cover ratio is currently 31.7 days.

Bank Leumi le-Israel B.M. Stock Performance

Bank Leumi le-Israel B.M. stock remained flat at $22.82 during midday trading on Friday. The company had a trading volume of 108 shares, compared to its average volume of 1,361. The company’s 50-day moving average is $24.04 and its 200-day moving average is $24.22. Bank Leumi le-Israel B.M. has a 1 year low of $17.35 and a 1 year high of $27.00.

Bank Leumi le-Israel B.M. Company Profile

Bank Leumi le-Israel B.M., commonly known as Bank Leumi, is one of Israel’s largest banking and financial services groups. Established in 1902 as the Anglo-Palestine Company, the bank played a foundational role in the economic development of Mandatory Palestine and, later, the State of Israel. Headquartered in Tel Aviv, Bank Leumi operates under the supervision of the Bank of Israel and maintains a network of domestic branches alongside a growing digital banking platform.

The bank’s core businesses encompass retail banking, private banking, corporate and commercial banking, and global banking services.