BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Sees Large Increase in Short Interest

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 66,900 shares, an increase of 979.0% from the December 31st total of 6,200 shares. Based on an average trading volume of 189,400 shares, the short-interest ratio is presently 0.4 days.

BB Seguridade Participações Stock Up 5.0 %

OTCMKTS BBSEY traded up $0.33 during trading hours on Thursday, hitting $6.97. 83,791 shares of the stock were exchanged, compared to its average volume of 79,099. The company has a market cap of $13.94 billion, a price-to-earnings ratio of 8.30, a price-to-earnings-growth ratio of 1.47 and a beta of 0.93. BB Seguridade Participações has a 12-month low of $5.38 and a 12-month high of $7.67. The stock has a 50-day moving average of $6.02 and a 200 day moving average of $6.17.

BB Seguridade Participações (OTCMKTS:BBSEY) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. BB Seguridade Participações had a return on equity of 76.95% and a net margin of 84.97%. The firm had revenue of $474.21 million for the quarter. On average, equities research analysts expect that BB Seguridade Participações will post 0.66 earnings per share for the current year.

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.