Short Interest in Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Declines By 58.6%

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Get Free Report) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 100,800 shares, a decrease of 58.6% from the January 15th total of 243,200 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 124,200 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Banco Latinoamericano de Comercio Exterior, S. A.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Beddow Capital Management Inc. lifted its position in Banco Latinoamericano de Comercio Exterior, S. A. by 1.9% in the third quarter. Beddow Capital Management Inc. now owns 391,161 shares of the bank's stock valued at $12,709,000 after purchasing an additional 7,423 shares during the period. Longboard Asset Management LP purchased a new position in shares of Banco Latinoamericano de Comercio Exterior, S. A. during the 4th quarter worth approximately $202,000. Sterling Capital Management LLC lifted its holdings in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 5.7% in the 4th quarter. Sterling Capital Management LLC now owns 14,497 shares of the bank's stock valued at $516,000 after buying an additional 779 shares during the period. Motley Fool Wealth Management LLC purchased a new stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. in the fourth quarter valued at approximately $1,603,000. Finally, Hillsdale Investment Management Inc. boosted its stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 0.7% in the fourth quarter. Hillsdale Investment Management Inc. now owns 124,864 shares of the bank's stock valued at $4,441,000 after buying an additional 900 shares in the last quarter. Hedge funds and other institutional investors own 19.47% of the company's stock.

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

Shares of BLX traded up $0.25 during mid-day trading on Wednesday, hitting $39.17. 43,452 shares of the company's stock were exchanged, compared to its average volume of 108,621. 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 firm has a market capitalization of $1.43 billion, a P/E ratio of 7.17 and a beta of 1.16. The business's 50 day moving average is $36.87 and its two-hundred day moving average is $33.83. Banco Latinoamericano de Comercio Exterior, S. A. has a fifty-two week low of $23.32 and a fifty-two week high of $39.40.

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.