Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) Sees Large Growth in Short Interest

Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 428 shares, an increase 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 presently 1.9 days.

Bank Leumi le-Israel B.M. Stock Performance

OTCMKTS BLMIF opened at $23.40 on Friday. Bank Leumi le-Israel B.M. has a twelve month low of $16.35 and a twelve month high of $27.00. The firm’s 50 day moving average price is $24.89 and its two-hundred day moving average price is $24.21.

Bank Leumi le-Israel B.M. Company Profile

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.