Short Interest in Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Increases By 205.7%

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIFGet Free Report) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 428 shares, a growth of 205.7% from the May 14th total of 140 shares. Based on an average daily volume of 221 shares, the short-interest ratio is currently 1.9 days.

Bank Leumi le-Israel B.M. Price Performance

BLMIF stock remained flat at $23.40 during trading on Friday. 9 shares of the company traded hands, compared to its average volume of 1,505. Bank Leumi le-Israel B.M. has a 12-month low of $16.35 and a 12-month high of $27.00. The stock has a 50 day moving average of $24.92 and a 200 day moving average of $24.20.

About Bank Leumi le-Israel B.M.

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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.

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