Banco Do Brasil SA (OTCMKTS:BDORY) Short Interest Up 57.0% in July

Key Points

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Banco Do Brasil SA (OTCMKTS:BDORY - Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 749,400 shares, anincreaseof57.0% from the July 15th total of 477,400 shares. Currently,0.0% of the shares of the company are sold short. Based on an average daily volume of 2,069,000 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 2,069,000 shares, the short-interest ratio is presently 0.4 days. Currently,0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Bradesco Corretora lowered Banco Do Brasil to a "neutral" rating in a report on Friday, May 16th.

Banco Do Brasil Price Performance

BDORY stock traded down $0.12 on Tuesday, reaching $3.84. The company had a trading volume of 60,355 shares, compared to its average volume of 751,308. Banco Do Brasil has a 1 year low of $3.35 and a 1 year high of $5.51. The company has a debt-to-equity ratio of 5.97, a quick ratio of 1.97 and a current ratio of 1.97. The company's fifty day moving average is $3.84 and its 200 day moving average is $4.49. The company has a market cap of $22.01 billion, a P/E ratio of 3.69, a PEG ratio of 1.90 and a beta of 0.59.

Banco Do Brasil Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, June 23rd. Investors of record on Thursday, June 5th were paid a $0.0104 dividend. The ex-dividend date of this dividend was Wednesday, June 4th. This represents a yield of 745.0%. Banco Do Brasil's dividend payout ratio is presently 5.77%.

Banco Do Brasil 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.

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