Short Interest in Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Increases By 32.4%

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Get Free Report) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 388,900 shares, a growth of 32.4% from the April 30th total of 293,800 shares. Based on an average daily trading volume, of 138,300 shares, the short-interest ratio is presently 2.8 days. Approximately 1.4% of the company's stock are short sold.

Banco Latinoamericano de Comercio Exterior, S. A. Stock Up 0.6%

Shares of NYSE:BLX traded up $0.26 during trading on Friday, hitting $41.14. The company's stock had a trading volume of 76,503 shares, compared to its average volume of 126,265. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.77 and a current ratio of 1.77. Banco Latinoamericano de Comercio Exterior, S. A. has a fifty-two week low of $27.37 and a fifty-two week high of $42.88. The stock's 50-day moving average price is $38.72 and its two-hundred day moving average price is $37.61. The company has a market capitalization of $1.50 billion, a PE ratio of 7.52 and a beta of 0.88.

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The bank reported $1.40 EPS for the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a return on equity of 16.01% and a net margin of 24.29%. The business had revenue of $77.95 million for the quarter. As a group, sell-side analysts expect that Banco Latinoamericano de Comercio Exterior, S. A. will post 4.6 EPS for the current year.

Banco Latinoamericano de Comercio Exterior, S. A. Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 3rd. Investors of record on Friday, May 16th were paid a $0.625 dividend. This represents a $2.50 annualized dividend and a dividend yield of 6.08%. The ex-dividend date of this dividend was Friday, May 16th. Banco Latinoamericano de Comercio Exterior, S. A.'s dividend payout ratio (DPR) is 44.64%.

Analyst Ratings Changes

Separately, Wall Street Zen raised Banco Latinoamericano de Comercio Exterior, S. A. from a "sell" rating to a "hold" rating in a research report on Thursday, May 15th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BLX. Longboard Asset Management LP acquired a new position in shares of Banco Latinoamericano de Comercio Exterior, S. A. in the fourth quarter worth about $202,000. SBI Securities Co. Ltd. bought a new position in Banco Latinoamericano de Comercio Exterior, S. A. during the 4th quarter worth approximately $74,000. Hillsdale Investment Management Inc. lifted its holdings in Banco Latinoamericano de Comercio Exterior, S. A. by 0.7% during the 4th quarter. Hillsdale Investment Management Inc. now owns 124,864 shares of the bank's stock worth $4,441,000 after buying an additional 900 shares during the last quarter. Motley Fool Wealth Management LLC bought a new position in Banco Latinoamericano de Comercio Exterior, S. A. during the 4th quarter worth approximately $1,603,000. Finally, Sterling Capital Management LLC lifted its holdings in Banco Latinoamericano de Comercio Exterior, S. A. by 5.7% during the 4th quarter. Sterling Capital Management LLC now owns 14,497 shares of the bank's stock worth $516,000 after buying an additional 779 shares during the last quarter. Institutional investors and hedge funds own 19.47% of the company's stock.

About Banco Latinoamericano de Comercio Exterior, S. A.

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing.