Short Interest in Bank Hapoalim (OTCMKTS:BKHYY) Increases By 24.1%

Bank Hapoalim (OTCMKTS:BKHYY) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 19,148 shares, an increase of 24.1% from the November 30th total of 15,431 shares. Based on an average daily volume of 7,205 shares, the short-interest ratio is presently 2.7 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 7,205 shares, the short-interest ratio is presently 2.7 days.

Bank Hapoalim Stock Up 1.6%

BKHYY stock opened at $115.00 on Wednesday. The stock has a market capitalization of $30.23 billion, a P/E ratio of 11.63 and a beta of 1.16. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.52. The firm has a 50-day moving average price of $108.72 and a 200-day moving average price of $99.81. Bank Hapoalim has a 12 month low of $59.33 and a 12 month high of $123.00.

Bank Hapoalim (OTCMKTS:BKHYY) last issued its quarterly earnings data on Thursday, November 20th. The bank reported $2.68 EPS for the quarter. Bank Hapoalim had a net margin of 21.60% and a return on equity of 14.60%. The business had revenue of $1.99 billion during the quarter.

Bank Hapoalim Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, December 2nd were paid a $0.9362 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a dividend yield of 266.0%. Bank Hapoalim’s dividend payout ratio is currently 38.62%.

Bank Hapoalim Company Profile

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.