Short Interest in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Declines By 78.1%

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 11,800 shares, a drop of 78.1% from the March 31st total of 54,000 shares. Based on an average trading volume of 165,400 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Grupo Aval Acciones y Valores Stock Performance

NYSE:AVAL traded down $0.02 during mid-day trading on Tuesday, hitting $2.72. The stock had a trading volume of 681 shares, compared to its average volume of 80,023. The company’s 50 day simple moving average is $2.76 and its 200 day simple moving average is $2.41. The stock has a market cap of $3.23 billion, a price-to-earnings ratio of 16.02 and a beta of 0.72. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.00 and a current ratio of 1.03. Grupo Aval Acciones y Valores has a twelve month low of $1.94 and a twelve month high of $3.32.

Grupo Aval Acciones y Valores Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, May 2nd will be given a $0.0084 dividend. This represents a dividend yield of 3.65%. The ex-dividend date of this dividend is Thursday, May 1st. Grupo Aval Acciones y Valores’s payout ratio is 50.00%.

Institutional Trading of Grupo Aval Acciones y Valores

Several large investors have recently modified their holdings of AVAL. First Affirmative Financial Network lifted its stake in Grupo Aval Acciones y Valores by 11.0% during the fourth quarter. First Affirmative Financial Network now owns 68,332 shares of the bank’s stock worth $139,000 after purchasing an additional 6,744 shares during the last quarter. Catalina Capital Group LLC bought a new stake in shares of Grupo Aval Acciones y Valores during the fourth quarter worth about $26,000. Sage Investment Counsel LLC bought a new stake in Grupo Aval Acciones y Valores during the 4th quarter worth approximately $41,000. Inspire Advisors LLC increased its holdings in Grupo Aval Acciones y Valores by 13.5% in the fourth quarter. Inspire Advisors LLC now owns 79,251 shares of the bank’s stock valued at $161,000 after purchasing an additional 9,456 shares during the period. Finally, Natural Investments LLC bought a new position in shares of Grupo Aval Acciones y Valores during the fourth quarter worth about $34,000. 0.21% of the stock is owned by institutional investors and hedge funds.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans.