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

Posted by Stacy Sanders on Sep 28th, 2024

BB Seguridade Participações S.A. (OTCMKTS:BBSEY – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totalling 10,400 shares, a decrease of 39.2% from the August 31st total of 17,100 shares. Based on an average daily volume of 51,000 shares, the days-to-cover ratio is currently 0.2 days.

BB Seguridade Participações Stock Performance

Shares of OTCMKTS:BBSEY traded down $0.03 during midday trading on Friday, reaching $6.42. 33,075 shares of the company’s stock traded hands, compared to its average volume of 46,150. The company has a market cap of $12.84 billion, a price-to-earnings ratio of 7.73, a P/E/G ratio of 1.92 and a beta of 0.99. BB Seguridade Participações has a one year low of $5.73 and a one year high of $7.67. The stock has a 50 day moving average of $6.42 and a 200 day moving average of $6.35.

BB Seguridade Participações (OTCMKTS:BBSEY – Get Free Report) last announced its quarterly earnings results on Friday, August 2nd. The company reported $0.21 earnings per share (EPS) for the quarter. The firm had revenue of $483.13 million for the quarter. BB Seguridade Participações had a return on equity of 78.54% and a net margin of 85.25%. Sell-side analysts predict that BB Seguridade Participações will post 0.69 EPS for the current fiscal year.

BB Seguridade Participações Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, September 9th. Shareholders of record on Tuesday, August 20th were issued a $0.2127 dividend. This represents a yield of 3.16%. The ex-dividend date was Monday, August 19th. BB Seguridade Participações’s dividend payout ratio is 51.81%.

About BB Seguridade Participações

(Get Free Report)

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.