Short Interest in BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Expands By 232.9%

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 222,700 shares, an increase of 232.9% from the January 15th total of 66,900 shares. Based on an average daily volume of 131,700 shares, the days-to-cover ratio is presently 1.7 days.

BB Seguridade Participações Price Performance

Shares of BB Seguridade Participações stock traded down $0.10 during trading hours on Wednesday, hitting $6.87. 243,028 shares of the company’s stock traded hands, compared to its average volume of 92,273. The company has a fifty day simple moving average of $6.24 and a 200-day simple moving average of $6.21. BB Seguridade Participações has a 12-month low of $5.38 and a 12-month high of $7.25. The stock has a market capitalization of $13.74 billion, a price-to-earnings ratio of 8.18, a PEG ratio of 1.57 and a beta of 0.93.

BB Seguridade Participações Company Profile

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.