Short Interest in Israel Discount Bank Limited (OTCMKTS:ISDAY) Rises By 300.0%

Israel Discount Bank Limited (OTCMKTS:ISDAY) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 400 shares, an increase of 300.0% from the August 15th total of 100 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 4.0 days.

Shares of ISDAY opened at $50.74 on Wednesday. The stock has a 50 day moving average of $49.44 and a 200-day moving average of $46.26. Israel Discount Bank has a 52 week low of $25.20 and a 52 week high of $51.64.

Separately, Barclays upgraded Israel Discount Bank from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, June 23rd.

About Israel Discount Bank

Israel Discount Bank Ltd. is a bank which engages in providing comprehensive banking services through a network of branches in Israel, direct banking services, and digital banking. It operates through the following segments: Household, Private Banking, Minute Businesses, Small Businesses, Medium Businesses, Large Businesses, Institutional Bodies, Financial Management, and Other.

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