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

BANCO DO BRASIL/S (OTCMKTS:BDORY) was the recipient of a large increase in short interest in 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 daily trading volume, of 351,400 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the shares of the company are sold short.

BANCO DO BRASIL/S Price Performance

BDORY stock opened at $4.77 on Thursday. BANCO DO BRASIL/S has a fifty-two week low of $3.72 and a fifty-two week high of $5.80. The stock has a market capitalization of $27.34 billion, a price-to-earnings ratio of 4.15, a PEG ratio of 1.65 and a beta of 0.62. The business’s fifty day moving average price is $4.92 and its two-hundred day moving average price is $4.59.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last released its quarterly earnings results on Thursday, February 20th. The financial services provider reported $0.28 EPS for the quarter, beating the consensus estimate of $0.27 by $0.01. BANCO DO BRASIL/S had a net margin of 12.30% and a return on equity of 19.30%. The business had revenue of $14.73 billion for the quarter. Research analysts expect that BANCO DO BRASIL/S will post 1.08 EPS for the current year.

BANCO DO BRASIL/S Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 13th were issued a dividend of $0.0408 per share. The ex-dividend date of this dividend was Thursday, March 13th. This is a boost from BANCO DO BRASIL/S’s previous dividend of $0.02. BANCO DO BRASIL/S’s dividend payout ratio (DPR) is currently 6.09%.

About BANCO DO BRASIL/S

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.