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

BANCO DO BRASIL/S (OTCMKTS:BDORY) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 400 shares, a decrease of 99.4% from the August 31st total of 65,000 shares. Based on an average daily trading volume, of 448,600 shares, the days-to-cover ratio is currently 0.0 days.

BANCO DO BRASIL/S Stock Performance

Shares of OTCMKTS:BDORY traded down $0.03 during midday trading on Friday, hitting $5.02. The stock had a trading volume of 2,236,996 shares, compared to its average volume of 239,309. BANCO DO BRASIL/S has a 1 year low of $4.44 and a 1 year high of $6.23. The company has a current ratio of 1.00, a quick ratio of 1.04 and a debt-to-equity ratio of 1.57. The stock has a 50 day moving average price of $5.01 and a two-hundred day moving average price of $5.36. The company has a market capitalization of $28.77 billion, a PE ratio of 4.47, a P/E/G ratio of 1.03 and a beta of 1.05.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last issued its earnings results on Wednesday, August 7th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $13.99 billion for the quarter. As a group, equities analysts predict that BANCO DO BRASIL/S will post 0.93 earnings per share for the current fiscal year.

BANCO DO BRASIL/S Cuts Dividend

The business also recently declared 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 of this dividend is Friday, September 13th. BANCO DO BRASIL/S’s payout ratio is 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.