Bank Hapoalim (OTCMKTS:BKHYY) Short Interest Update

Bank Hapoalim (OTCMKTS:BKHYY) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 653 shares, a drop of 89.5% from the February 26th total of 6,196 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 65,953 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 65,953 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Bank Hapoalim Stock Performance

Shares of BKHYY stock traded down $2.37 during mid-day trading on Tuesday, reaching $121.12. The stock had a trading volume of 5,273 shares, compared to its average volume of 10,420. The business’s fifty day moving average is $127.44 and its 200-day moving average is $113.22. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.52. The firm has a market cap of $31.80 billion, a price-to-earnings ratio of 11.29 and a beta of 1.19. Bank Hapoalim has a 1-year low of $65.67 and a 1-year high of $143.25.

Bank Hapoalim (OTCMKTS:BKHYY) last released its earnings results on Wednesday, March 4th. The bank reported $2.41 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.51). The firm had revenue of $1.76 billion for the quarter. Bank Hapoalim had a return on equity of 15.44% and a net margin of 22.63%.

Wall Street Analyst Weigh In

Separately, Barclays lowered shares of Bank Hapoalim from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 15th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently 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.