BANCO DO BRASIL/S (OTCMKTS:BDORY) Sees Large Increase in Short Interest

BANCO DO BRASIL/S (OTCMKTS:BDORY) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 983,500 shares, an increase of 3,997.9% from the October 15th total of 24,000 shares. Based on an average daily trading volume, of 1,040,900 shares, the short-interest ratio is currently 0.9 days.

BANCO DO BRASIL/S Stock Up 2.0 %

Shares of OTCMKTS:BDORY opened at $4.55 on Thursday. The stock has a market cap of $26.08 billion, a price-to-earnings ratio of 3.91, a PEG ratio of 0.94 and a beta of 1.05. The company has a quick ratio of 1.04, a current ratio of 1.00 and a debt-to-equity ratio of 1.57. BANCO DO BRASIL/S has a 12-month low of $4.45 and a 12-month high of $6.23. The business’s 50 day moving average is $4.84 and its 200 day moving average is $4.98.

BANCO DO BRASIL/S Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, October 7th. Investors of record on Friday, September 13th were given a dividend of $0.0254 per share. The ex-dividend date was Friday, September 13th. BANCO DO BRASIL/S’s payout ratio is 8.77%.

About BANCO DO BRASIL/S

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.