Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Short Interest Update

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Get Free Report) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 88,200 shares, a decline of 61.2% from the December 31st total of 227,500 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 125,900 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Banco Latinoamericano de Comercio Exterior, S. A.

A hedge fund recently bought a new stake in Banco Latinoamericano de Comercio Exterior, S. A. stock. Longboard Asset Management LP acquired a new stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,665 shares of the bank's stock, valued at approximately $202,000. 19.47% of the stock is currently owned by hedge funds and other institutional investors.

Banco Latinoamericano de Comercio Exterior, S. A. Stock Performance

BLX stock traded up $0.33 during trading on Wednesday, reaching $38.00. The stock had a trading volume of 75,947 shares, compared to its average volume of 139,180. The firm has a market cap of $1.39 billion, a PE ratio of 6.95 and a beta of 1.16. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 2.73. The stock's 50 day moving average is $35.86 and its two-hundred day moving average is $33.33. Banco Latinoamericano de Comercio Exterior, S. A. has a 52 week low of $22.93 and a 52 week high of $39.40.

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Get Free Report) last announced its earnings results on Tuesday, October 29th. The bank reported $1.44 earnings per share (EPS) for the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a net margin of 24.29% and a return on equity of 16.01%. The company had revenue of $209.64 million during the quarter. During the same quarter last year, the firm posted $1.25 earnings per share. As a group, equities analysts anticipate that Banco Latinoamericano de Comercio Exterior, S. A. will post 4.6 earnings per share for the current year.

About Banco Latinoamericano de Comercio Exterior, S. A.

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing.

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