Bank Hapoalim (OTCMKTS:BKHYY) Short Interest Update

Bank Hapoalim (OTCMKTS:BKHYY) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 6,227 shares, a decrease of 65.4% from the December 31st total of 18,020 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 7,924 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 7,924 shares, the short-interest ratio is currently 0.8 days. Approximately 0.0% of the company’s stock are sold short.

Bank Hapoalim Price Performance

OTCMKTS:BKHYY opened at $123.49 on Friday. The company has a fifty day moving average price of $116.91 and a 200 day moving average price of $104.27. The stock has a market cap of $32.48 billion, a P/E ratio of 12.49 and a beta of 1.16. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.93 and a quick ratio of 0.93. Bank Hapoalim has a one year low of $64.20 and a one year high of $130.84.

Bank Hapoalim (OTCMKTS:BKHYY) last issued its earnings results on Thursday, November 20th. The bank reported $2.68 EPS for the quarter. The firm had revenue of $1.99 billion during the quarter. Bank Hapoalim had a return on equity of 14.60% and a net margin of 21.60%.

Bank Hapoalim Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 2nd were given a $0.9362 dividend. This represents a yield of 266.0%. The ex-dividend date was Monday, December 1st. Bank Hapoalim’s dividend payout ratio (DPR) is presently 38.62%.

Analyst Upgrades and Downgrades

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

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.