BANCO DO BRASIL/S (OTCMKTS:BDORY) Short Interest Update

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 237,300 shares, a decline of 18.7% from the April 30th total of 292,000 shares. Based on an average trading volume of 348,900 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the stock are sold short.

BANCO DO BRASIL/S Stock Down 3.6%

BDORY traded down $0.15 during midday trading on Wednesday, hitting $4.04. 494,319 shares of the company were exchanged, compared to its average volume of 558,463. The firm has a market capitalization of $23.15 billion, a P/E ratio of 3.51, a P/E/G ratio of 1.65 and a beta of 0.72. BANCO DO BRASIL/S has a 1-year low of $3.72 and a 1-year high of $5.51. The firm's 50 day moving average price is $4.84 and its 200-day moving average price is $4.63.

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by ($0.07). The business had revenue of $6.83 billion during the quarter, compared to analyst estimates of $4.74 billion. BANCO DO BRASIL/S had a net margin of 12.30% and a return on equity of 19.30%. On average, sell-side analysts predict that BANCO DO BRASIL/S will post 1.08 earnings per share for the current fiscal year.

BANCO DO BRASIL/S Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, June 23rd. Shareholders of record on Thursday, June 5th will be issued a $0.0104 dividend. The ex-dividend date is Wednesday, June 4th. This represents a yield of 7.45%. BANCO DO BRASIL/S's payout ratio is currently 3.85%.

Analyst Ratings Changes

Separately, Bradesco Corretora lowered BANCO DO BRASIL/S to a "neutral" rating in a research report on Friday, May 16th.

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.