BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Short Interest Update

BB Seguridade Participações S.A. (OTCMKTS:BBSEY - Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 25,900 shares, an increase of 407.8% from the September 30th total of 5,100 shares. Based on an average trading volume of 84,500 shares, the days-to-cover ratio is presently 0.3 days.

BB Seguridade Participações Stock Performance

Shares of OTCMKTS:BBSEY traded down $0.03 on Friday, hitting $5.98. 22,372 shares of the company's stock were exchanged, compared to its average volume of 49,466. The firm's 50-day moving average is $6.37 and its 200 day moving average is $6.29. The company has a market capitalization of $11.96 billion, a PE ratio of 7.20, a P/E/G ratio of 1.83 and a beta of 0.99. BB Seguridade Participações has a 1-year low of $5.73 and a 1-year high of $7.67.

BB Seguridade Participações (OTCMKTS:BBSEY - Get Free Report) last released its quarterly earnings data on Friday, August 2nd. The company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $483.13 million during the quarter. BB Seguridade Participações had a return on equity of 78.54% and a net margin of 85.25%. On average, analysts anticipate that BB Seguridade Participações will post 0.69 EPS for the current fiscal year.

BB Seguridade Participações Announces Dividend

The company also recently announced a dividend, which was paid on Monday, September 9th. Investors of record on Tuesday, August 20th were given a $0.2127 dividend. The ex-dividend date of this dividend was Monday, August 19th. This represents a dividend yield of 3.16%. BB Seguridade Participações's dividend payout ratio (DPR) is presently 51.81%.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised BB Seguridade Participações from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 30th.

BB Seguridade Participações Company Profile

BB Seguridade Participações SA, through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. The company operates through Security and Brokerage segments. The Security segment offers life, property, rural, special risks and financial, transport, hulls, and housing people insurance products.