Short Interest in BANCO DO BRASIL/S (OTCMKTS:BDORY) Decreases By 25.0%

BANCO DO BRASIL/S (OTCMKTS:BDORY) saw a significant drop in short interest in September. As of September 30th, there was short interest totalling 300 shares, a drop of 25.0% from the September 15th total of 400 shares. Based on an average daily trading volume, of 639,700 shares, the short-interest ratio is presently 0.0 days.

BANCO DO BRASIL/S Stock Performance

Shares of BDORY stock traded down $0.11 during trading on Monday, reaching $4.67. The company had a trading volume of 244,400 shares, compared to its average volume of 237,478. The firm’s 50 day simple moving average is $5.03 and its two-hundred day simple moving average is $5.30. BANCO DO BRASIL/S has a one year low of $4.45 and a one year high of $6.23. 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 company has a market capitalization of $26.76 billion, a PE ratio of 4.13, a PEG ratio of 0.99 and a beta of 1.05.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last released 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). BANCO DO BRASIL/S had a net margin of 11.37% and a return on equity of 18.48%. The firm had revenue of $13.99 billion during the quarter. Sell-side analysts forecast that BANCO DO BRASIL/S will post 0.93 earnings per share for the current year.

BANCO DO BRASIL/S Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, October 7th. Investors of record on Friday, September 13th were paid a dividend of $0.0254 per share. The ex-dividend date was Friday, September 13th. BANCO DO BRASIL/S’s dividend 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.