Short Interest in BANCO DO BRASIL/S (OTCMKTS:BDORY) Increases By 123.8%

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 241,900 shares, a growth of 123.8% from the March 15th total of 108,100 shares. Based on an average daily volume of 351,400 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the stock are sold short.

BANCO DO BRASIL/S Stock Performance

Shares of BDORY stock traded down $0.04 during mid-day trading on Monday, hitting $4.73. 93,333 shares of the stock traded hands, compared to its average volume of 555,706. BANCO DO BRASIL/S has a twelve month low of $3.72 and a twelve month high of $5.80. The company's 50-day simple moving average is $4.91 and its 200-day simple moving average is $4.58. The firm has a market cap of $27.11 billion, a price-to-earnings ratio of 4.11, a price-to-earnings-growth ratio of 1.65 and a beta of 0.62.

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The financial services provider reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.01. The company had revenue of $14.73 billion during the quarter. BANCO DO BRASIL/S had a net margin of 12.30% and a return on equity of 19.30%. Analysts forecast that BANCO DO BRASIL/S will post 1.08 earnings per share for the current year.

BANCO DO BRASIL/S Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 13th were paid 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 dividend payout ratio (DPR) is currently 6.09%.

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.