BANCO DO BRASIL/S (OTCMKTS:BDORY) Short Interest Update

BANCO DO BRASIL/S (OTCMKTS:BDORY) saw a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 913,700 shares, an increase of 285.0% from the May 15th total of 237,300 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,323,600 shares, the short-interest ratio is currently 0.4 days.

BANCO DO BRASIL/S Trading Up 1.3%

Shares of BDORY stock opened at $3.99 on Friday. The business’s fifty day simple moving average is $4.69 and its 200-day simple moving average is $4.60. The company has a market cap of $22.87 billion, a PE ratio of 3.47, a PEG ratio of 1.65 and a beta of 0.62. BANCO DO BRASIL/S has a 12-month low of $3.72 and a 12-month high of $5.51.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last released its earnings results on Thursday, May 15th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.07). BANCO DO BRASIL/S had a net margin of 12.30% and a return on equity of 19.30%. The firm had revenue of $6.83 billion during the quarter, compared to analyst estimates of $4.74 billion. On average, equities analysts forecast that BANCO DO BRASIL/S will post 1.08 earnings per share for the current year.

BANCO DO BRASIL/S Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, June 23rd. Investors of record on Thursday, June 5th will be given a $0.0104 dividend. This represents a dividend yield of 7.45%. The ex-dividend date of this dividend is Wednesday, June 4th. BANCO DO BRASIL/S’s payout ratio is 3.85%.

Analyst Upgrades and Downgrades

Separately, Bradesco Corretora downgraded BANCO DO BRASIL/S to a “neutral” rating in a research report on Friday, May 16th.

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.