Bank Hapoalim (OTCMKTS:BKHYY) Short Interest Down 99.2% in July

Key Points

• Short interest in Bank Hapoalim declined significantly by 99.2% in July, dropping from 185,100 shares to just 1,500 shares.
• The bank reported $2.68 EPS with a revenue of $1.80 billion for the last quarter, showcasing a healthy net margin of 19.73%.
• Bank Hapoalim recently increased its dividend from $0.27 to $0.5386, reflecting a substantial yield of 207.0% for shareholders.

Bank Hapoalim (OTCMKTS:BKHYY - Get Free Report) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,500 shares, adropof99.2% from the July 15th total of 185,100 shares. Based on an average daily trading volume, of 21,100 shares, the days-to-cover ratio is presently 0.1 days. Currently,0.0% of the shares of the stock are short sold. Currently,0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 21,100 shares, the days-to-cover ratio is presently 0.1 days.

Bank Hapoalim Price Performance

Shares of OTCMKTS:BKHYY traded down $0.21 during midday trading on Thursday, hitting $94.38. The stock had a trading volume of 23,690 shares, compared to its average volume of 18,353. The company's 50-day moving average price is $91.53 and its 200-day moving average price is $78.22. Bank Hapoalim has a fifty-two week low of $47.39 and a fifty-two week high of $100.20. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $24.84 billion, a P/E ratio of 11.41 and a beta of 1.13.

Bank Hapoalim (OTCMKTS:BKHYY - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The bank reported $2.68 EPS for the quarter. The business had revenue of $1.80 billion during the quarter. Bank Hapoalim had a net margin of 19.73% and a return on equity of 14.07%.

Bank Hapoalim Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, June 2nd were given a $0.5386 dividend. This is a boost from Bank Hapoalim's previous dividend of $0.27. This represents a yield of 207.0%. The ex-dividend date was Friday, May 30th. Bank Hapoalim's dividend payout ratio (DPR) is presently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.