Short Interest in Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Declines By 20.6%

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 2,728 shares, a drop of 20.6% from the January 15th total of 3,437 shares. Based on an average trading volume of 25,322 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 25,322 shares, the days-to-cover ratio is currently 0.1 days.

Bank Leumi le-Israel B.M. Stock Performance

Shares of OTCMKTS:BLMIF opened at $24.90 on Friday. The company has a fifty day simple moving average of $23.81 and a 200 day simple moving average of $21.18. Bank Leumi le-Israel B.M. has a 12-month low of $12.55 and a 12-month high of $24.80.

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.