Short Interest in Bank of the Philippine Islands (OTCMKTS:BPHLY) Declines By 50.0%

Bank of the Philippine Islands (OTCMKTS:BPHLY) was the recipient of a significant drop in short interest during 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 volume of 300 shares, the days-to-cover ratio is currently 0.7 days.

Bank of the Philippine Islands Stock Down 3.8 %

BPHLY stock traded down C$1.80 during trading on Friday, hitting C$45.04. 261 shares of the company’s stock traded hands, compared to its average volume of 343. Bank of the Philippine Islands has a 52 week low of C$38.15 and a 52 week high of C$50.85. The stock has a fifty day moving average price of C$43.63 and a two-hundred day moving average price of C$44.80.

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.