Bank of the Philippine Islands (OTCMKTS:BPHLY) Short Interest Up 500.0% in January

Bank of the Philippine Islands (OTCMKTS:BPHLY) was the recipient of a large increase in short interest during the month of 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 days-to-cover 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. The company’s stock had a trading volume of 4 shares, compared to its average volume of 479. The stock’s fifty day moving average price is C$43.20 and its 200 day moving average price is C$44.60. Bank of the Philippine Islands has a 52-week low of C$38.15 and a 52-week high of C$50.85.

Bank of the Philippine Islands Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, January 6th. Investors of record on Wednesday, December 4th were given a $0.6705 dividend. The ex-dividend date of this dividend was Wednesday, December 4th. This is an increase from Bank of the Philippine Islands’s previous dividend of $0.46.

Bank of the Philippine Islands Company Profile

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.