Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Sees Large Drop in Short Interest

Last updated on Friday, April 30, 2021 | 2021 MarketBeat

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) saw a large drop in short interest in April. As of April 15th, there was short interest totalling 226,100 shares, a drop of 45.4% from the March 31st total of 413,800 shares. Based on an average trading volume of 108,600 shares, the days-to-cover ratio is currently 2.1 days.

Separately, Zacks Investment Research raised Grupo Aval Acciones y Valores from a "sell" rating to a "hold" rating in a report on Tuesday, February 23rd.

AVAL traded down $0.14 during midday trading on Friday, hitting $5.92. 75,279 shares of the company were exchanged, compared to its average volume of 106,063. The firm has a market capitalization of $6.60 billion, a P/E ratio of 9.47 and a beta of 1.39. Grupo Aval Acciones y Valores has a 1-year low of $3.70 and a 1-year high of $7.03. The firm's 50 day moving average price is $6.30 and its 200-day moving average price is $6.12. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.83.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its earnings results on Friday, March 12th. The bank reported $0.16 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.11 by $0.05. Grupo Aval Acciones y Valores had a return on equity of 7.12% and a net margin of 9.11%. The firm had revenue of $1.49 billion for the quarter. On average, sell-side analysts predict that Grupo Aval Acciones y Valores will post 0.47 earnings per share for the current fiscal year.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, September 9th. Stockholders of record on Tuesday, August 31st will be given a $0.0222 dividend. This represents a $0.27 annualized dividend and a dividend yield of 4.50%. The ex-dividend date is Monday, August 30th. Grupo Aval Acciones y Valores's dividend payout ratio (DPR) is presently 32.93%.

Several hedge funds have recently bought and sold shares of the company. JustInvest LLC raised its position in shares of Grupo Aval Acciones y Valores by 9.9% in the 1st quarter. JustInvest LLC now owns 72,606 shares of the bank's stock worth $452,000 after acquiring an additional 6,516 shares in the last quarter. Trexquant Investment LP bought a new position in shares of Grupo Aval Acciones y Valores in the 4th quarter worth about $181,000. Finally, Northern Trust Corp raised its position in shares of Grupo Aval Acciones y Valores by 18.9% in the 4th quarter. Northern Trust Corp now owns 498,388 shares of the bank's stock worth $3,429,000 after acquiring an additional 79,270 shares in the last quarter. 3.71% of the stock is owned by hedge funds and other institutional investors.

About Grupo Aval Acciones y Valores

Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. The company offers deposit products and services, such as checking and savings accounts, and time deposits, as well as other deposits, including deposits from correspondent banks, cashier checks, and collection services.

Featured Story: Market Timing

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Featured Article: Why are percentage decliners important?



7 Electric Vehicle (EV) Stocks That Are Ready to Rebound

The electric vehicle (EV) sector was nearly as frothy as the “pandemic stocks” in 2020. It wasn’t that the EV sector was dormant during the Trump administration.

But, as the saying goes, elections have consequences. And Wall Street understands they can make money in any administration. And as a bet that Joe Biden would win the presidency, electric vehicle stocks soared.

For starters, the Biden administration has already said it will prioritize climate change like no administration ever has. And one way they are going to do that is to incentivize the production and purchase of electric vehicles.

And to take advantage of this shift towards electric vehicle stocks, many private companies raced to get in on the action. The preferred way for many of these companies to go public was via a Special Purpose Acquisition Company (SPAC). A SPAC is basically a shortcut to the traditional IPO process.

However, what goes up frequently goes down and since late February, EV stocks have been getting battered. But this is creating an opportunity because the electric vehicle is still supposed to see exceptional growth over the next five years.

To help you take advantage of this we’ve created this special presentation that includes seven stocks that appear to be ready to take the next leg up.

View the "7 Electric Vehicle (EV) Stocks That Are Ready to Rebound ".


MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.