Bank Hapoalim (OTCMKTS:BKHYY) Short Interest Update

Key Points

• Short interest plunged 86.8% — short interest fell to 253 shares as of April 15, leaving the short-interest ratio at 0.0 days and approximately 0.0% of shares shorted.
• Quarterly earnings missed — Bank Hapoalim reported EPS of $2.41 vs. $2.92 expected and revenue of $1.76 billion; the stock traded at $133.06 with a market cap of $34.88 billion and a P/E of 12.4 (12‑month range $73.66–$143.25).
• Analyst sentiment cooled after Barclays downgraded the stock from "strong-buy" to "hold," and the consensus rating is currently Hold.

Bank Hapoalim (OTCMKTS:BKHYY - Get Free Report) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totaling 253 shares, a decrease of 86.8% from the March 31st total of 1,917 shares. Based on an average daily trading volume, of 12,615 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Bank Hapoalim Price Performance

Bank Hapoalim stock traded down $2.94 during trading hours on Friday, hitting $133.06. 5,116 shares of the stock were exchanged, compared to its average volume of 5,571. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market capitalization of $34.88 billion, a P/E ratio of 12.40 and a beta of 1.20. Bank Hapoalim has a 12 month low of $73.66 and a 12 month high of $143.25. The business's 50-day moving average is $126.99 and its two-hundred day moving average is $117.87.

Bank Hapoalim (OTCMKTS:BKHYY - Get Free Report) last posted its earnings results on Wednesday, March 4th. The bank reported $2.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.92 by ($0.51). The firm had revenue of $1.76 billion during the quarter. Bank Hapoalim had a net margin of 22.63% and a return on equity of 15.20%.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered Bank Hapoalim from a "strong-buy" rating to a "hold" rating in a research note on Thursday, January 15th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Bank Hapoalim currently has an average rating of "Hold".

Bank Hapoalim Company Profile

Bank Hapoalim B.M. is one of Israel's largest banking groups, providing a broad range of financial services to retail, corporate and institutional customers. Founded in 1921 by the Histadrut labor federation, the bank has developed into a full-service financial institution offering deposit accounts, consumer and mortgage lending, credit cards, payment services, and branch-based retail banking. It also serves small and medium-sized enterprises with working capital and trade finance solutions.

In addition to traditional retail banking, Bank Hapoalim operates significant corporate and investment banking divisions.

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