Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Short Interest Down 74.2% in December

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 85 shares, a decrease of 74.2% from the December 15th total of 330 shares. Based on an average daily trading volume, of 362 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 362 shares, the short-interest ratio is currently 0.2 days.

Bank Leumi le-Israel B.M. Trading Up 3.0%

OTCMKTS:BLMIF opened at $24.10 on Thursday. Bank Leumi le-Israel B.M. has a fifty-two week low of $12.35 and a fifty-two week high of $24.79. The business’s 50-day simple moving average is $22.38 and its 200-day simple moving average is $20.32.

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.