Short Interest in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Declines By 50.8%

Key Points

• Short interest in Grupo Aval Acciones y Valores S.A. dropped by 50.8% in July, totaling 238,500 shares as of the end of the month.
• The company announced a dividend of $0.0084 per share, which was paid out on August 8th, marking a notable dividend yield of 333.0%.
• Grupo Aval's stock has a market cap of $3.76 billion, with a PE ratio of 10.23 and a recent share price of $3.17.

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - ) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 238,500 shares, adropof50.8% from the July 15th total of 484,300 shares. Based on an average daily volume of 112,200 shares, the days-to-cover ratio is currently 2.1 days. Currently,0.0% of the shares of the stock are sold short. Currently,0.0% of the shares of the stock are sold short. Based on an average daily volume of 112,200 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Several large investors have recently modified their holdings of the stock. Inspire Investing LLC boosted its stake in shares of Grupo Aval Acciones y Valores by 37.4% during the 1st quarter. Inspire Investing LLC now owns 20,129 shares of the bank's stock worth $55,000 after acquiring an additional 5,484 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Grupo Aval Acciones y Valores by 69.0% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,049 shares of the bank's stock worth $59,000 after acquiring an additional 8,594 shares in the last quarter. Sage Advisors LLC bought a new stake in shares of Grupo Aval Acciones y Valores during the 1st quarter worth $30,000. EverSource Wealth Advisors LLC bought a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth $34,000. Finally, Vise Technologies Inc. bought a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth $56,000. 0.21% of the stock is owned by institutional investors.

Grupo Aval Acciones y Valores Stock Down 0.3%

Shares of AVAL stock opened at $3.17 on Friday. Grupo Aval Acciones y Valores has a 1 year low of $1.94 and a 1 year high of $3.32. The stock has a market cap of $3.76 billion, a PE ratio of 10.23 and a beta of 0.81. The business's fifty day moving average is $2.90 and its 200-day moving average is $2.82. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.98 and a current ratio of 0.98.

Grupo Aval Acciones y Valores Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, August 8th. Stockholders of record on Friday, August 1st were paid a dividend of $0.0084 per share. The ex-dividend date of this dividend was Thursday, July 31st. This represents a dividend yield of 333.0%. Grupo Aval Acciones y Valores's dividend payout ratio (DPR) is currently 35.48%.

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. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans.

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