Banco Santander (Brasil) S.A. (NYSE:BSBR) Short Interest Update

Banco Santander (Brasil) S.A. (NYSE:BSBR) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 1,170,000 shares, a growth of 212.1% from the October 15th total of 374,900 shares. Based on an average daily volume of 278,900 shares, the short-interest ratio is currently 4.2 days.

Banco Santander (Brasil) Trading Up 0.2 %

Shares of NYSE:BSBR traded up $0.01 during trading on Thursday, hitting $4.51. The company had a trading volume of 69,623 shares, compared to its average volume of 452,319. Banco Santander has a one year low of $4.49 and a one year high of $6.66. The company has a fifty day simple moving average of $5.15 and a two-hundred day simple moving average of $5.25. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.30 and a quick ratio of 0.30.

Banco Santander (Brasil) Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 18th. Stockholders of record on Monday, October 21st will be issued a $0.0714 dividend. The ex-dividend date of this dividend is Monday, October 21st. This represents a $0.29 annualized dividend and a dividend yield of 6.33%.

Institutional Investors Weigh In On Banco Santander (Brasil)

Several hedge funds and other institutional investors have recently modified their holdings of the business. Marshall Wace LLP raised its holdings in shares of Banco Santander (Brasil) by 44.0% in the second quarter. Marshall Wace LLP now owns 1,099,003 shares of the bank’s stock worth $5,429,000 after buying an additional 335,915 shares during the period. American Century Companies Inc. raised its holdings in shares of Banco Santander (Brasil) by 8.5% in the second quarter. American Century Companies Inc. now owns 409,483 shares of the bank’s stock worth $2,023,000 after buying an additional 32,238 shares during the period. Robeco Institutional Asset Management B.V. increased its holdings in Banco Santander (Brasil) by 107.6% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 378,361 shares of the bank’s stock worth $1,990,000 after purchasing an additional 196,141 shares during the period. Point72 Asset Management L.P. increased its holdings in Banco Santander (Brasil) by 52.1% during the 2nd quarter. Point72 Asset Management L.P. now owns 124,900 shares of the bank’s stock worth $617,000 after purchasing an additional 42,800 shares during the period. Finally, Longfellow Investment Management Co. LLC raised its position in Banco Santander (Brasil) by 220.2% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 120,528 shares of the bank’s stock valued at $595,000 after purchasing an additional 82,890 shares in the last quarter. 14.53% of the stock is currently owned by hedge funds and other institutional investors.

About Banco Santander (Brasil)

Banco Santander (Brasil) SA, together with its subsidiaries, provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally. The company operates through Commercial Banking and Global Wholesale Banking segments. It offers local loans, commercial financing options, development bank funds, and cash management services; export and import financing, guarantees, structuring of asset services.