Bank of the Philippine Islands (OTCMKTS:BPHLY) Sees Significant Increase in Short Interest

Bank of the Philippine Islands (OTCMKTS:BPHLY) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 14,595 shares, a growth of 173.3% from the May 14th total of 5,340 shares. Based on an average daily volume of 6,658 shares, the short-interest ratio is currently 2.2 days.

Bank of the Philippine Islands Price Performance

OTCMKTS:BPHLY opened at C$28.80 on Friday. The stock has a 50-day simple moving average of C$31.52 and a two-hundred day simple moving average of C$36.42. Bank of the Philippine Islands has a 52-week low of C$27.00 and a 52-week high of C$50.06.

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.