BANCO DO BRASIL/S (OTCMKTS:BDORY) Short Interest Up 7,900.0% in October

BANCO DO BRASIL/S (OTCMKTS:BDORY) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 24,000 shares, an increase of 7,900.0% from the September 30th total of 300 shares. Based on an average daily trading volume, of 334,200 shares, the days-to-cover ratio is currently 0.1 days.

BANCO DO BRASIL/S Stock Performance

BDORY opened at $4.63 on Friday. The company has a fifty day moving average of $4.98 and a 200 day moving average of $5.23. BANCO DO BRASIL/S has a fifty-two week low of $4.45 and a fifty-two week high of $6.23. The stock has a market capitalization of $26.53 billion, a price-to-earnings ratio of 4.10, a PEG ratio of 0.99 and a beta of 1.05. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.04 and a current ratio of 1.00.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last issued its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). BANCO DO BRASIL/S had a return on equity of 18.48% and a net margin of 11.37%. The firm had revenue of $13.99 billion for the quarter. As a group, sell-side analysts forecast that BANCO DO BRASIL/S will post 0.93 earnings per share for the current fiscal year.

BANCO DO BRASIL/S Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 7th. Shareholders of record on Friday, September 13th were paid a $0.0254 dividend. The ex-dividend date was Friday, September 13th. BANCO DO BRASIL/S’s payout ratio is currently 8.85%.

BANCO DO BRASIL/S Company Profile

Banco do Brasil SA provides banking products and services for individuals, companies, and public sectors in Brazil and internationally. The company's Banking segment offers various products and services, including deposits, loans, and services to retail, wholesale, and public sector markets, as well as to micro-entrepreneurs and the low income population.