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

BANCO DO BRASIL/S (OTCMKTS:BDORY) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 7,200 shares, a decrease of 20.9% from the March 31st total of 9,100 shares. Based on an average trading volume of 182,200 shares, the days-to-cover ratio is presently 0.0 days.

BANCO DO BRASIL/S Stock Performance

OTCMKTS:BDORY opened at $5.35 on Monday. The stock has a 50-day simple moving average of $6.15 and a 200-day simple moving average of $5.67. The stock has a market cap of $30.66 billion, a P/E ratio of 4.86, a P/E/G ratio of 1.26 and a beta of 1.02. BANCO DO BRASIL/S has a 1 year low of $4.14 and a 1 year high of $6.23.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last announced its earnings results on Wednesday, February 7th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.08). The firm had revenue of $13.48 billion during the quarter. BANCO DO BRASIL/S had a net margin of 11.84% and a return on equity of 18.85%. On average, equities research analysts predict that BANCO DO BRASIL/S will post 1.29 EPS for the current year.

BANCO DO BRASIL/S Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, April 8th. Shareholders of record on Wednesday, March 13th were paid a dividend of $0.0309 per share. The ex-dividend date was Tuesday, March 12th. BANCO DO BRASIL/S’s dividend payout ratio is presently 12.73%.

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.