Mizrahi Tefahot Bank Ltd. (OTCMKTS:MZTFF) Sees Large Growth in Short Interest

Mizrahi Tefahot Bank Ltd. (OTCMKTS:MZTFF) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 393,092 shares, an increase of 112.7% from the May 14th total of 184,827 shares. Based on an average trading volume of 1,016 shares, the days-to-cover ratio is presently 386.9 days.

Mizrahi Tefahot Bank Price Performance

Shares of MZTFF remained flat at $78.11 during mid-day trading on Friday. 5 shares of the stock traded hands, compared to its average volume of 1,306. Mizrahi Tefahot Bank has a 12-month low of $68.25 and a 12-month high of $80.20. The firm’s fifty day simple moving average is $76.20 and its 200 day simple moving average is $75.51.

Mizrahi Tefahot Bank Company Profile

Mizrahi Tefahot Bank Ltd., together with its subsidiaries, provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel, Switzerland, and internationally. It operates through Household, Private Banking, Small and Micro Business, Medium Business, Large Business, Institutional Investors, and Financial Management segments. The company offers checking, savings, and deposits accounts; loans, such as instant, home renovation, auto, all-purpose, student, and business; mortgages; and credit cards.