BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Sees Significant Growth in Short Interest

BB Seguridade Participações S.A. (OTCMKTS:BBSEY - Get Free Report) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 222,700 shares, a growth of 232.9% from the January 15th total of 66,900 shares. Based on an average daily trading volume, of 131,700 shares, the days-to-cover ratio is presently 1.7 days.

BB Seguridade Participações Stock Performance

OTCMKTS:BBSEY traded up $0.09 during midday trading on Friday, reaching $6.96. 22,126 shares of the stock traded hands, compared to its average volume of 65,955. The company has a fifty day moving average of $6.31 and a 200 day moving average of $6.23. BB Seguridade Participações has a 12 month low of $5.38 and a 12 month high of $7.25. The stock has a market capitalization of $13.92 billion, a P/E ratio of 8.29, a PEG ratio of 1.57 and a beta of 0.93.

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.