BANCO DO BRASIL/S (OTCMKTS:BDORY) Sees Large Increase in Short Interest

BANCO DO BRASIL/S (OTCMKTS:BDORY) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 983,500 shares, an increase of 3,997.9% from the October 15th total of 24,000 shares. Based on an average daily trading volume, of 1,040,900 shares, the days-to-cover ratio is currently 0.9 days.

BANCO DO BRASIL/S Stock Performance

Shares of BDORY traded down $0.04 during mid-day trading on Tuesday, hitting $4.52. The stock had a trading volume of 404,910 shares, compared to its average volume of 257,839. The firm has a market cap of $25.90 billion, a P/E ratio of 3.96, a PEG ratio of 0.96 and a beta of 1.05. The business has a fifty day moving average price of $4.85 and a 200-day moving average price of $4.99. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 1.04. BANCO DO BRASIL/S has a 52 week low of $4.45 and a 52 week high of $6.23.

BANCO DO BRASIL/S Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, October 7th. Investors of record on Friday, September 13th were paid a dividend of $0.0254 per share. The ex-dividend date of this dividend was Friday, September 13th. BANCO DO BRASIL/S’s payout ratio is 8.77%.

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.