Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Sees Large Increase in Short Interest

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIFGet Free Report) was the recipient of a large growth in short interest during the month of 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. Price Performance

Shares of BLMIF stock remained flat at $22.82 during trading hours on Friday. Bank Leumi le-Israel B.M. has a 52-week low of $17.35 and a 52-week high of $27.00. The company has a 50 day moving average price of $23.95 and a 200-day moving average price of $24.21.

About Bank Leumi le-Israel B.M.

(Get Free Report)

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.

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