Bank Hapoalim (OTCMKTS:BKHYY) Sees Large Growth in Short Interest

Key Points

• Bank Hapoalim experienced a significant increase in short interest, rising to 185,100 shares as of July 15th, marking an 8,313.6% increase from the previous month.
• The bank recently announced a dividend increase to $0.5386 per share, reflecting a dividend yield of 207.0% and a payout ratio of 27.09%.
• As of the latest trading session, Bank Hapoalim shares were up $0.50, reaching a price of $94.69, with a market cap of $24.92 billion.

Bank Hapoalim (OTCMKTS:BKHYY - Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 185,100 shares, anincreaseof8,313.6% from the June 30th total of 2,200 shares. Based on an average daily trading volume, of 175,600 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily trading volume, of 175,600 shares, the days-to-cover ratio is currently 1.1 days.

Bank Hapoalim Price Performance

Shares of Bank Hapoalim stock traded up $0.50 during trading on Friday, hitting $94.69. The stock had a trading volume of 18,369 shares, compared to its average volume of 18,599. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market cap of $24.92 billion, a P/E ratio of 11.45 and a beta of 1.11. The business has a fifty day moving average of $89.70 and a two-hundred day moving average of $76.27. Bank Hapoalim has a fifty-two week low of $47.20 and a fifty-two week high of $100.20.

Bank Hapoalim (OTCMKTS:BKHYY - Get Free Report) last announced its quarterly earnings data on Sunday, May 18th. The bank reported $2.53 earnings per share for the quarter. The business had revenue of $1.57 billion during the quarter. Bank Hapoalim had a return on equity of 14.07% and a net margin of 19.73%.

Bank Hapoalim Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.5386 per share. This is a positive change from Bank Hapoalim's previous dividend of $0.27. This represents a dividend yield of 207.0%. The ex-dividend date of this dividend was Friday, May 30th. Bank Hapoalim's dividend payout ratio (DPR) is currently 27.09%.

Bank Hapoalim Company Profile

Bank Hapoalim B.M., together with its subsidiaries, provides various banking and financial products and services in Israel and internationally. It operates through Household, Private Banking, Small businesses and micro businesses, Mid-sized businesses, Large businesses, Institutional entities, and Financial management segments.

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