BANCO DO BRASIL/S (OTCMKTS:BDORY) Short Interest Up 47.8% in February

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 638,400 shares, a growth of 47.8% from the January 31st total of 431,900 shares. Based on an average daily volume of 2,439,400 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

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

BANCO DO BRASIL/S Trading Up 2.7 %

OTCMKTS BDORY traded up $0.13 during trading on Thursday, hitting $4.93. 237,193 shares of the company's stock were exchanged, compared to its average volume of 794,052. The company has a market cap of $28.25 billion, a PE ratio of 4.29, a P/E/G ratio of 1.65 and a beta of 1.05. BANCO DO BRASIL/S has a fifty-two week low of $3.72 and a fifty-two week high of $5.95. The stock's 50 day moving average price is $4.57 and its two-hundred day moving average price is $4.64.

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

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BANCO DO BRASIL/S Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 13th will be given a dividend of $0.0408 per share. The ex-dividend date of this dividend is Thursday, March 13th. This is a positive change from BANCO DO BRASIL/S's previous dividend of $0.02. BANCO DO BRASIL/S's payout ratio is currently 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.