BANCO DO BRASIL/S (OTCMKTS:BDORY) Sees Significant Drop in Short Interest

BANCO DO BRASIL/S (OTCMKTS:BDORY) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 831,900 shares, a decrease of 9.6% from the November 15th total of 920,200 shares. Based on an average daily trading volume, of 851,400 shares, the short-interest ratio is currently 1.0 days.

BANCO DO BRASIL/S Stock Performance

Shares of BDORY opened at $4.04 on Friday. The company has a market cap of $23.14 billion, a price-to-earnings ratio of 3.57, a price-to-earnings-growth ratio of 1.63 and a beta of 1.03. The firm has a fifty day moving average of $4.49 and a 200-day moving average of $4.82. BANCO DO BRASIL/S has a 1 year low of $4.00 and a 1 year high of $6.23. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.04 and a current ratio of 1.00.

BANCO DO BRASIL/S Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, January 6th. Shareholders of record on Friday, December 13th will be paid a $0.0227 dividend. The ex-dividend date is Friday, December 13th. BANCO DO BRASIL/S’s payout ratio is currently 22.12%.

Analyst Ratings Changes

BDORY has been the topic of a number of recent analyst reports. Citigroup lowered BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 5th. The Goldman Sachs Group downgraded shares of BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 5th.

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.