Short Interest in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Rises By 112.4%

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 743,500 shares, a growth of 112.4% from the May 14th total of 350,050 shares. Based on an average trading volume of 281,965 shares, the days-to-cover ratio is presently 2.6 days. Currently, 0.1% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a report on Wednesday, April 8th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Grupo Aval Acciones y Valores currently has an average rating of “Hold”.

Grupo Aval Acciones y Valores Stock Performance

Shares of Grupo Aval Acciones y Valores stock opened at $5.58 on Monday. The firm has a 50 day simple moving average of $4.59 and a 200 day simple moving average of $4.39. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market cap of $6.62 billion, a P/E ratio of 15.08 and a beta of 0.61. Grupo Aval Acciones y Valores has a fifty-two week low of $2.80 and a fifty-two week high of $5.75.

Grupo Aval Acciones y Valores (NYSE:AVAL) last posted its quarterly earnings results on Wednesday, May 13th. The bank reported $0.08 earnings per share for the quarter. Grupo Aval Acciones y Valores had a net margin of 4.99% and a return on equity of 6.24%. Sell-side analysts predict that Grupo Aval Acciones y Valores will post 0.43 earnings per share for the current fiscal year.

Grupo Aval Acciones y Valores Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 1st were issued a $0.0144 dividend. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 3.1%. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is 37.84%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVAL. EverSource Wealth Advisors LLC acquired a new stake in shares of Grupo Aval Acciones y Valores during the second quarter worth about $34,000. HBK Sorce Advisory LLC bought a new stake in shares of Grupo Aval Acciones y Valores in the fourth quarter valued at about $49,000. Banco BTG Pactual S.A. boosted its position in shares of Grupo Aval Acciones y Valores by 33.0% during the third quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock worth $51,000 after buying an additional 3,871 shares during the period. Apollon Wealth Management LLC bought a new position in shares of Grupo Aval Acciones y Valores during the first quarter worth about $55,000. Finally, XTX Topco Ltd bought a new stake in Grupo Aval Acciones y Valores in the 2nd quarter valued at approximately $78,000. 0.21% of the stock is currently owned by institutional investors.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA is a leading Colombian financial holding company that offers a diversified range of banking and financial services across Latin America. As one of the largest financial conglomerates in Colombia, Grupo Aval provides commercial and retail banking, leasing, insurance brokerage, pension fund management and investment banking through its principal subsidiaries.

Its core banking operations are conducted through a network of well-established institutions, including Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas, which together serve individual consumers, small and medium-sized enterprises and large corporate clients.