BANCO DO BRASIL/S (OTCMKTS:BDORY) Short Interest Up 123.8% in March

BANCO DO BRASIL/S (OTCMKTS:BDORY) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 241,900 shares, an increase of 123.8% from the March 15th total of 108,100 shares. Based on an average trading volume of 351,400 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are short sold.

BANCO DO BRASIL/S Stock Performance

BANCO DO BRASIL/S stock opened at $4.73 on Friday. BANCO DO BRASIL/S has a fifty-two week low of $3.72 and a fifty-two week high of $5.80. The company has a market cap of $27.11 billion, a PE ratio of 4.11, a PEG ratio of 1.65 and a beta of 0.62. The business’s 50-day simple moving average is $4.91 and its two-hundred day simple moving average is $4.59.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last posted its quarterly earnings results on Thursday, February 20th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. The company had revenue of $14.73 billion during the quarter. BANCO DO BRASIL/S had a net margin of 12.30% and a return on equity of 19.30%. As a group, analysts predict that BANCO DO BRASIL/S will post 1.08 EPS for the current fiscal year.

BANCO DO BRASIL/S Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 13th were issued a $0.0408 dividend. This is a positive change from BANCO DO BRASIL/S’s previous dividend of $0.02. The ex-dividend date of this dividend was Thursday, March 13th. BANCO DO BRASIL/S’s dividend payout ratio is presently 6.09%.

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.