Short Interest in BANCO DO BRASIL/S (OTCMKTS:BDORY) Decreases By 32.3%

BANCO DO BRASIL/S (OTCMKTS:BDORY) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 11,100 shares, a drop of 32.3% from the May 31st total of 16,400 shares. Based on an average daily volume of 726,300 shares, the days-to-cover ratio is currently 0.0 days.

BANCO DO BRASIL/S Trading Up 0.4 %

Shares of BDORY opened at $4.80 on Monday. The business’s 50 day moving average is $5.51 and its 200 day moving average is $5.69. The company has a market capitalization of $27.51 billion, a PE ratio of 4.23, a price-to-earnings-growth ratio of 0.83 and a beta of 1.08. BANCO DO BRASIL/S has a 12-month low of $4.44 and a 12-month high of $6.23.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last released its quarterly earnings results on Tuesday, May 7th. The financial services provider reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.01. The business had revenue of $13.92 billion during the quarter. BANCO DO BRASIL/S had a return on equity of 19.16% and a net margin of 11.65%. Equities research analysts predict that BANCO DO BRASIL/S will post 1.29 earnings per share for the current year.

BANCO DO BRASIL/S Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, July 8th. Shareholders of record on Monday, June 17th will be issued a dividend of $0.0331 per share. The ex-dividend date of this dividend is Monday, June 17th. BANCO DO BRASIL/S’s dividend payout ratio is presently 17.62%.

BANCO DO BRASIL/S Company Profile

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.