Short Interest in Bank of the Philippine Islands (OTCMKTS:BPHLY) Drops By 99.8%

Bank of the Philippine Islands (OTCMKTS:BPHLY) was the target of a large drop in short interest in January. As of January 15th, there was short interest totaling 1 shares, a drop of 99.8% from the December 31st total of 541 shares. Based on an average daily volume of 1,903 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 1,903 shares, the days-to-cover ratio is currently 0.0 days.

Bank of the Philippine Islands Stock Performance

OTCMKTS:BPHLY traded down C$1.58 during trading hours on Tuesday, hitting C$39.12. The company’s stock had a trading volume of 305 shares, compared to its average volume of 839. Bank of the Philippine Islands has a 52-week low of C$32.90 and a 52-week high of C$52.02. The stock has a fifty day moving average of C$40.20 and a 200-day moving average of C$39.48.

Bank of the Philippine Islands Company Profile

Bank of the Philippine Islands (OTCMKTS:BPHLY) is one of the Philippines’ oldest and largest universal banks, offering an integrated suite of financial solutions to retail, corporate and institutional clients. Headquartered in Makati City, the bank provides traditional banking services alongside digital channels, serving millions of Filipinos through its expansive branch and ATM network as well as online platforms.

Founded in 1851 as El Banco Español Filipino de Isabel II, BPI holds the distinction of being the first bank established in the Philippines.