Mizrahi Tefahot Bank Ltd. (OTCMKTS:MZTFF) Sees Significant Drop in Short Interest

Mizrahi Tefahot Bank Ltd. (OTCMKTS:MZTFF) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 493,750 shares, a drop of 45.2% from the June 15th total of 900,667 shares. Based on an average daily trading volume, of 20 shares, the short-interest ratio is presently 24,687.5 days.

Mizrahi Tefahot Bank Price Performance

Shares of Mizrahi Tefahot Bank stock remained flat at $68.32 on Friday. The firm has a 50-day moving average of $72.97 and a 200 day moving average of $75.57. Mizrahi Tefahot Bank has a one year low of $68.25 and a one year high of $80.20.

Mizrahi Tefahot Bank Company Profile

Mizrahi Tefahot Bank Ltd., together with its subsidiaries, provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel, Switzerland, and internationally. It operates through Household, Private Banking, Small and Micro Business, Medium Business, Large Business, Institutional Investors, and Financial Management segments. The company offers checking, savings, and deposits accounts; loans, such as instant, home renovation, auto, all-purpose, student, and business; mortgages; and credit cards.