BANCO DO BRASIL/S (OTCMKTS:BDORY) Sees Large Decline in Short Interest

Posted by Lisa Durand on Mar 29th, 2024

BANCO DO BRASIL/S (OTCMKTS:BDORY – Get Free Report) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 6,500 shares, a decline of 44.9% from the February 29th total of 11,800 shares. Based on an average daily volume of 292,900 shares, the days-to-cover ratio is presently 0.0 days.

BANCO DO BRASIL/S Stock Up 1.0 %

Shares of OTCMKTS:BDORY traded up $0.11 during trading on Friday, hitting $11.25. The company’s stock had a trading volume of 49,598 shares, compared to its average volume of 119,268. The business has a 50 day moving average price of $11.52 and a two-hundred day moving average price of $10.72. The company has a market capitalization of $32.24 billion, a PE ratio of 5.11, a P/E/G ratio of 1.29 and a beta of 1.03. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.96 and a current ratio of 0.96. BANCO DO BRASIL/S has a fifty-two week low of $7.36 and a fifty-two week high of $12.45.

BANCO DO BRASIL/S (OTCMKTS:BDORY – Get Free Report) last posted its quarterly earnings results on Wednesday, February 7th. The financial services provider reported $0.48 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.16). The business had revenue of $13.48 billion during the quarter. BANCO DO BRASIL/S had a return on equity of 18.85% and a net margin of 11.84%. As a group, research analysts expect that BANCO DO BRASIL/S will post 2.64 EPS for the current fiscal year.

BANCO DO BRASIL/S Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, April 8th. Investors of record on Wednesday, March 13th will be paid a dividend of $0.0617 per share. The ex-dividend date of this dividend is Tuesday, March 12th. BANCO DO BRASIL/S’s payout ratio is currently 12.73%.

BANCO DO BRASIL/S Company Profile

(Get Free Report)

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.