BANCO DO BRASIL/S (OTCMKTS:BDORY) Short Interest Down 16.5% in January

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 619,100 shares, a decrease of 16.5% from the December 31st total of 741,400 shares. Based on an average daily trading volume, of 850,600 shares, the days-to-cover ratio is currently 0.7 days.

BANCO DO BRASIL/S Price Performance

Shares of OTCMKTS BDORY traded down $0.04 during trading hours on Monday, hitting $4.84. 666,355 shares of the company's stock were exchanged, compared to its average volume of 560,179. The company's 50-day moving average price is $4.19 and its 200-day moving average price is $4.62. BANCO DO BRASIL/S has a 1-year low of $3.72 and a 1-year high of $6.23. The stock has a market capitalization of $27.74 billion, a price-to-earnings ratio of 4.28, a PEG ratio of 1.61 and a beta of 1.03.

BANCO DO BRASIL/S Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, January 6th. Shareholders of record on Friday, December 13th were paid a dividend of $0.0227 per share. The ex-dividend date was Friday, December 13th. BANCO DO BRASIL/S's dividend payout ratio is 7.96%.

Analyst Upgrades and Downgrades

BDORY has been the subject of several research analyst reports. Citigroup lowered BANCO DO BRASIL/S from a "strong-buy" rating to a "hold" rating in a report on Thursday, December 5th. The Goldman Sachs Group downgraded BANCO DO BRASIL/S from a "strong-buy" rating to a "hold" rating in a research note on Thursday, December 5th.

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.