BANCO DO BRASIL/S (OTCMKTS:BDORY) Short Interest Down 9.6% in November

BANCO DO BRASIL/S (OTCMKTS:BDORY) was the recipient of a large decrease in short interest in 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 volume of 851,400 shares, the short-interest ratio is currently 1.0 days.

BANCO DO BRASIL/S Stock Performance

BDORY stock traded down $0.06 during mid-day trading on Monday, hitting $4.04. 115,900 shares of the company were exchanged, compared to its average volume of 297,508. The business has a 50 day simple moving average of $4.49 and a 200-day simple moving average of $4.81. The company has a current ratio of 1.00, a quick ratio of 1.04 and a debt-to-equity ratio of 1.57. The stock has a market capitalization of $23.14 billion, a PE ratio of 3.57, a price-to-earnings-growth ratio of 1.63 and a beta of 1.03. BANCO DO BRASIL/S has a 1-year low of $4.00 and a 1-year high of $6.23.

BANCO DO BRASIL/S Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, January 6th. Shareholders of record on Friday, December 13th will be given a dividend of $0.0227 per share. The ex-dividend date of this dividend is Friday, December 13th. BANCO DO BRASIL/S’s dividend payout ratio (DPR) is presently 22.12%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Citigroup cut BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 5th. The Goldman Sachs Group cut BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a 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.