Bank of the Philippine Islands (OTCMKTS:BPHLY) Short Interest Down 50.0% in March

Bank of the Philippine Islands (OTCMKTS:BPHLY) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a drop of 50.0% from the February 28th total of 400 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 0.7 days.

Bank of the Philippine Islands Trading Down 3.8 %

Shares of Bank of the Philippine Islands stock opened at C$45.04 on Friday. The business’s fifty day moving average price is C$43.63 and its 200 day moving average price is C$44.82. Bank of the Philippine Islands has a twelve month low of C$38.15 and a twelve month high of C$50.85.

About Bank of the Philippine Islands

Bank of the Philippine Islands, together with its subsidiaries, provides various financial products and services to retail and corporate clients in the Philippines. It operates through Consumer Banking, Corporate Banking, and Investment Banking segments. The Consumer Banking segment offers deposit taking and servicing; and consumer lending, such as home mortgages, auto loans, and credit card finance, as well as remittance services to individual and retail markets.