Bank Hapoalim (OTCMKTS:BKHYY) Short Interest Up 2,097.6% in April

Bank Hapoalim (OTCMKTS:BKHYY) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 5,560 shares, a growth of 2,097.6% from the April 15th total of 253 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 9,492 shares, the days-to-cover ratio is currently 0.6 days.

Bank Hapoalim Stock Performance

Shares of BKHYY stock traded down $5.07 on Monday, hitting $139.06. The company’s stock had a trading volume of 13,218 shares, compared to its average volume of 5,405. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.94 and a current ratio of 0.94. The stock’s 50 day moving average is $128.13 and its 200-day moving average is $120.66. Bank Hapoalim has a fifty-two week low of $77.40 and a fifty-two week high of $146.00. The company has a market capitalization of $36.44 billion, a PE ratio of 12.96 and a beta of 1.21.

Bank Hapoalim (OTCMKTS:BKHYY) last released its quarterly earnings results on Wednesday, March 4th. The bank reported $2.41 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.51). Bank Hapoalim had a net margin of 22.63% and a return on equity of 15.20%. The business had revenue of $1.76 billion during the quarter.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered shares of Bank Hapoalim from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

About Bank Hapoalim

Bank Hapoalim B.M. is one of Israel’s largest banking groups, providing a broad range of financial services to retail, corporate and institutional customers. Founded in 1921 by the Histadrut labor federation, the bank has developed into a full-service financial institution offering deposit accounts, consumer and mortgage lending, credit cards, payment services, and branch-based retail banking. It also serves small and medium-sized enterprises with working capital and trade finance solutions.

In addition to traditional retail banking, Bank Hapoalim operates significant corporate and investment banking divisions.