BANCO DO BRASIL/S (OTCMKTS:BDORY) Short Interest Up 285.0% in May

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 913,700 shares, a growth of 285.0% from the May 15th total of 237,300 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,323,600 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, Bradesco Corretora downgraded shares of BANCO DO BRASIL/S to a "neutral" rating in a research note on Friday, May 16th.

BANCO DO BRASIL/S Price Performance

OTCMKTS:BDORY traded up $0.01 during trading hours on Friday, reaching $3.94. 693,003 shares of the company were exchanged, compared to its average volume of 616,087. The business has a 50 day moving average of $4.70 and a 200 day moving average of $4.60. BANCO DO BRASIL/S has a 1-year low of $3.72 and a 1-year high of $5.51. The company has a market capitalization of $22.58 billion, a P/E ratio of 3.43, a P/E/G ratio of 1.65 and a beta of 0.62.

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The financial services provider reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.29 by ($0.07). The company had revenue of $6.83 billion during the quarter, compared to the consensus estimate of $4.74 billion. BANCO DO BRASIL/S had a return on equity of 19.30% and a net margin of 12.30%. As a group, equities research analysts anticipate 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 disclosed a dividend, which will be paid on Monday, June 23rd. Investors of record on Thursday, June 5th will be paid a $0.0104 dividend. The ex-dividend date is Wednesday, June 4th. This represents a yield of 7.45%. BANCO DO BRASIL/S's dividend payout ratio (DPR) is 3.85%.

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.