Bank Leumi le-Israel B.M. (OTCMKTS:BLMIF – Get Free Report) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 197 shares, a drop of 54.0% from the May 31st total of 428 shares. Based on an average daily volume of 395 shares, the days-to-cover ratio is presently 0.5 days.
Bank Leumi le-Israel B.M. Stock Performance
BLMIF opened at $21.50 on Monday. Bank Leumi le-Israel B.M. has a one year low of $17.35 and a one year high of $27.00. The business’s 50-day simple moving average is $24.69 and its 200-day simple moving average is $24.27.
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.
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