Short Interest in BANCO DO BRASIL/S (OTCMKTS:BDORY) Grows By 71.5%

BANCO DO BRASIL/S (OTCMKTS:BDORY) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 65,000 shares, an increase of 71.5% from the August 15th total of 37,900 shares. Based on an average trading volume of 482,300 shares, the days-to-cover ratio is presently 0.1 days.

BANCO DO BRASIL/S Stock Performance

OTCMKTS BDORY opened at $5.15 on Friday. The company has a market cap of $29.51 billion, a P/E ratio of 4.42, a P/E/G ratio of 1.06 and a beta of 1.05. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 1.04. The stock has a 50-day moving average of $4.98 and a two-hundred day moving average of $5.41. BANCO DO BRASIL/S has a 1-year low of $4.44 and a 1-year high of $6.23.

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

BANCO DO BRASIL/S Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, October 7th. Stockholders of record on Friday, September 13th will be given a dividend of $0.0254 per share. The ex-dividend date is Friday, September 13th. BANCO DO BRASIL/S’s dividend payout ratio is presently 16.74%.

About BANCO DO BRASIL/S

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.