Short Interest in BANCO DO BRASIL/S (OTCMKTS:BDORY) Rises By 285.0%

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) saw a significant growth in short interest in 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. Based on an average trading volume of 2,323,600 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

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 Trading Up 1.3%

Shares of BDORY traded up $0.05 during mid-day trading on Friday, hitting $3.99. 200,609 shares of the company's stock were exchanged, compared to its average volume of 612,378. BANCO DO BRASIL/S has a fifty-two week low of $3.72 and a fifty-two week high of $5.51. The firm has a market capitalization of $22.87 billion, a P/E ratio of 3.47, a P/E/G ratio of 1.65 and a beta of 0.62. The business's 50 day moving average is $4.69 and its two-hundred day moving average is $4.60.

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) last announced its earnings results on Thursday, May 15th. The financial services provider reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.07). BANCO DO BRASIL/S had a return on equity of 19.30% and a net margin of 12.30%. The business had revenue of $6.83 billion for the quarter, compared to analyst estimates of $4.74 billion. On average, equities research analysts forecast that BANCO DO BRASIL/S will post 1.08 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, June 23rd. Investors of record on Thursday, June 5th will be issued a dividend of $0.0104 per share. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a yield of 7.45%. BANCO DO BRASIL/S's dividend payout ratio is currently 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.