Short Interest in Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Declines By 56.0%

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 1,200 shares, a decrease of 56.0% from the January 29th total of 2,728 shares. Based on an average trading volume of 340 shares, the days-to-cover ratio is currently 3.5 days. Based on an average trading volume of 340 shares, the days-to-cover ratio is currently 3.5 days.

Bank Leumi le-Israel B.M. Stock Performance

BLMIF traded up $0.28 during midday trading on Friday, reaching $25.15. The company had a trading volume of 234 shares, compared to its average volume of 3,662. The business has a 50-day moving average of $24.14 and a two-hundred day moving average of $21.58. Bank Leumi le-Israel B.M. has a 1 year low of $12.70 and a 1 year high of $26.00.

About Bank Leumi le-Israel B.M.

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.