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

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 - Get Free Report) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 238,500 shares, adeclineof50.8% from the July 15th total of 484,300 shares. Based on an average daily trading 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 trading volume, of 112,200 shares, the days-to-cover ratio is currently 2.1 days.

Grupo Aval Acciones y Valores Price Performance

Grupo Aval Acciones y Valores stock traded up $0.04 during midday trading on Friday, hitting $3.31. 26,420 shares of the company's stock were exchanged, compared to its average volume of 124,385. The stock has a 50-day moving average price of $2.94 and a two-hundred day moving average price of $2.84. Grupo Aval Acciones y Valores has a 52-week low of $1.94 and a 52-week high of $3.35. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.98 and a current ratio of 0.99. The company has a market cap of $3.93 billion, a P/E ratio of 10.68 and a beta of 0.81.

Grupo Aval Acciones y Valores Dividend Announcement

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

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sage Advisors LLC bought a new stake in shares of Grupo Aval Acciones y Valores in the 1st quarter valued at about $30,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Grupo Aval Acciones y Valores in the 2nd quarter worth approximately $34,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Grupo Aval Acciones y Valores in the 1st quarter worth approximately $34,000. Vise Technologies Inc. purchased a new stake in shares of Grupo Aval Acciones y Valores in the 2nd quarter worth approximately $56,000. Finally, Inspire Investing LLC boosted its stake in 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 valued at $55,000 after purchasing an additional 5,484 shares during the last quarter. Institutional investors own 0.21% of the company's stock.

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.