BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Short Interest Update

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 66,900 shares, a growth of 979.0% from the December 31st total of 6,200 shares. Based on an average daily trading volume, of 189,400 shares, the days-to-cover ratio is currently 0.4 days.

BB Seguridade Participações Price Performance

Shares of OTCMKTS BBSEY traded up $0.33 on Thursday, hitting $6.97. The company’s stock had a trading volume of 83,791 shares, compared to its average volume of 79,099. The stock has a 50 day moving average of $6.02 and a 200-day moving average of $6.17. The company has a market capitalization of $13.94 billion, a price-to-earnings ratio of 8.30, a price-to-earnings-growth ratio of 1.47 and a beta of 0.93. BB Seguridade Participações has a 12-month low of $5.38 and a 12-month high of $7.67.

BB Seguridade Participações (OTCMKTS:BBSEY) last posted its earnings results on Tuesday, November 5th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. The firm had revenue of $474.21 million for the quarter. BB Seguridade Participações had a return on equity of 76.95% and a net margin of 84.97%. Sell-side analysts expect that BB Seguridade Participações will post 0.66 EPS for the current fiscal year.

About BB Seguridade Participações

BB Seguridade Participações SA, through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. The company operates through Security and Brokerage segments. The Security segment offers life, property, rural, special risks and financial, transport, hulls, and housing people insurance products.