Banco Santander Brasil SA (NYSE:BSBR) Sees Significant Drop in Short Interest

Posted by on Sep 13th, 2026

Banco Santander Brasil SA (NYSE:BSBR – Get Free Report) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 4,416,949 shares, a decrease of 60.3% from the August 15th total of 11,126,167 shares. Based on an average daily trading volume, of 3,380,062 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.1% of the shares of the stock are short sold.

Banco Santander Brasil Trading Up 2.3%

Shares of NYSE:BSBR opened at $6.01 on Friday. The business has a fifty day simple moving average of $5.60 and a 200-day simple moving average of $5.71. Banco Santander Brasil has a 52 week low of $4.94 and a 52 week high of $7.32. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 3.34.

Banco Santander Brasil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Thursday, July 30th were paid a $0.1045 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend was Thursday, July 30th.

Insider Transactions at Banco Santander Brasil

In other Banco Santander Brasil news, insider Rudolf Gschliffner sold 11,507 shares of the firm’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $5.73, for a total transaction of $65,935.11. Following the completion of the transaction, the insider owned 33,192 shares of the company’s stock, valued at approximately $190,190.16. This trade represents a 25.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Cezar Augusto Janikian sold 6,600 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $5.72, for a total value of $37,752.00. Following the completion of the transaction, the vice president directly owned 47,007 shares of the company’s stock, valued at approximately $268,880.04. This trade represents a 12.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 162,638 shares of company stock worth $930,663 in the last quarter. Insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BSBR. Cubist Systematic Strategies LLC purchased a new position in shares of Banco Santander Brasil during the 1st quarter worth about $46,000. Invesco Ltd. grew its holdings in Banco Santander Brasil by 9.7% in the second quarter. Invesco Ltd. now owns 206,851 shares of the bank’s stock valued at $1,127,000 after purchasing an additional 18,307 shares during the period. Bank of America Corp DE increased its position in Banco Santander Brasil by 50.5% during the second quarter. Bank of America Corp DE now owns 291,643 shares of the bank’s stock worth $1,589,000 after purchasing an additional 97,875 shares during the last quarter. BNP Paribas Financial Markets increased its position in Banco Santander Brasil by 3,302.2% during the second quarter. BNP Paribas Financial Markets now owns 57,974 shares of the bank’s stock worth $316,000 after purchasing an additional 56,270 shares during the last quarter. Finally, Engineers Gate Manager LP raised its stake in Banco Santander Brasil by 40.9% during the second quarter. Engineers Gate Manager LP now owns 18,910 shares of the bank’s stock worth $103,000 after purchasing an additional 5,490 shares during the period. Institutional investors and hedge funds own 14.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on BSBR shares. Weiss Ratings raised shares of Banco Santander Brasil from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Zacks Research cut shares of Banco Santander Brasil from a “hold” rating to a “strong sell” rating in a research note on Friday, July 3rd. UBS Group downgraded shares of Banco Santander Brasil from a “buy” rating to a “neutral” rating in a report on Monday, August 24th. Wall Street Zen lowered shares of Banco Santander Brasil from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, JPMorgan Chase & Co. downgraded shares of Banco Santander Brasil from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $6.50 to $6.00 in a research note on Thursday, July 30th. Three investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Banco Santander Brasil presently has a consensus rating of “Reduce” and a consensus target price of $6.00.

View Our Latest Research Report on BSBR

Banco Santander Brasil Company Profile

(Get Free Report)

Banco Santander Brasil SA is a Brazilian financial institution and a subsidiary of Spain-based Banco Santander. Headquartered in São Paulo, the company provides banking and financial services to individual customers, small and midsize businesses, corporations and institutional clients throughout Brazil.

Its offerings include checking and savings accounts, consumer and commercial lending, credit and debit cards, mortgages, insurance, investments, asset management, payment solutions and foreign-exchange services.

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