Short Interest in BANCO DO BRASIL/S (OTCMKTS:BDORY) Decreases By 17.3%

BANCO DO BRASIL/S (OTCMKTS:BDORY) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 200,100 shares, a drop of 17.3% from the March 31st total of 241,900 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 665,400 shares, the short-interest ratio is currently 0.3 days.

BANCO DO BRASIL/S Stock Down 0.8 %

Shares of BDORY opened at $5.03 on Friday. The stock has a market cap of $28.83 billion, a P/E ratio of 4.37, a P/E/G ratio of 1.65 and a beta of 0.62. The business’s 50 day moving average price is $4.90 and its 200-day moving average price is $4.60. BANCO DO BRASIL/S has a 52 week low of $3.72 and a 52 week high of $5.59.

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

BANCO DO BRASIL/S Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 13th were issued a $0.0408 dividend. 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 payout ratio is 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.