Bank of the Philippine Islands (OTCMKTS:BPHLY) Sees Significant Increase in Short Interest

Bank of the Philippine Islands (OTCMKTS:BPHLY) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 600 shares, an increase of 500.0% from the December 31st total of 100 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 2.0 days.

Bank of the Philippine Islands Stock Performance

Bank of the Philippine Islands stock remained flat at C$42.75 during trading hours on Thursday. 4 shares of the company’s stock traded hands, compared to its average volume of 479. The stock has a 50-day simple moving average of C$43.20 and a 200-day simple moving average of C$44.60. Bank of the Philippine Islands has a twelve month low of C$38.15 and a twelve month high of C$50.85.

Bank of the Philippine Islands Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, January 6th. Shareholders of record on Wednesday, December 4th were issued a $0.6705 dividend. This is a positive change from Bank of the Philippine Islands’s previous dividend of $0.46. The ex-dividend date of this dividend was Wednesday, December 4th.

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.