Short Interest in BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Increases By 31.8%

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 262,900 shares, an increase of 31.8% from the February 28th total of 199,400 shares. Based on an average trading volume of 153,200 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.0% of the shares of the company are short sold.

BB Seguridade Participações Trading Up 0.3 %

Shares of OTCMKTS BBSEY opened at $7.07 on Tuesday. The company has a market capitalization of $14.14 billion, a price-to-earnings ratio of 8.52, a price-to-earnings-growth ratio of 1.51 and a beta of 0.90. BB Seguridade Participações has a twelve month low of $5.38 and a twelve month high of $7.43. The business has a 50 day simple moving average of $6.87 and a 200-day simple moving average of $6.32.

BB Seguridade Participações (OTCMKTS:BBSEY) last released its quarterly earnings data on Monday, February 17th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. The firm had revenue of $448.84 million during the quarter. BB Seguridade Participações had a net margin of 85.43% and a return on equity of 73.91%. As a group, equities analysts predict that BB Seguridade Participações will post 0.71 earnings per share for the current year.

BB Seguridade Participações Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 13th. Investors of record on Friday, February 28th were paid a dividend of $0.3978 per share. This is a positive change from BB Seguridade Participações’s previous dividend of $0.21. The ex-dividend date was Friday, February 28th. BB Seguridade Participações’s dividend payout ratio is 86.75%.

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.