Bank of the Philippine Islands (OTCMKTS:BPHLY) Sees Large Drop in Short Interest

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

Bank of the Philippine Islands Stock Down 3.8 %

Shares of OTCMKTS:BPHLY opened at C$45.04 on Friday. The company has a 50 day moving average of C$43.63 and a two-hundred day moving average of C$44.82. Bank of the Philippine Islands has a 52-week low of C$38.15 and a 52-week 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.