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

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

BANCO DO BRASIL/S Price Performance

Shares of OTCMKTS:BDORY traded down $0.03 on Friday, hitting $5.02. The company had a trading volume of 2,236,996 shares, compared to its average volume of 239,309. The company has a market cap of $28.77 billion, a PE ratio of 4.47, a PEG ratio of 1.03 and a beta of 1.05. The business has a 50 day moving average of $5.01 and a 200 day moving average of $5.36. BANCO DO BRASIL/S has a 52-week low of $4.44 and a 52-week 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.

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

BANCO DO BRASIL/S Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, October 7th. Shareholders of record on Friday, September 13th will be paid a dividend of $0.0254 per share. The ex-dividend date of this dividend is Friday, September 13th. BANCO DO BRASIL/S’s dividend payout ratio is presently 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.