Short Interest in BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Drops By 39.2%

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totalling 10,400 shares, a decrease of 39.2% from the August 31st total of 17,100 shares. Based on an average daily trading volume, of 51,000 shares, the short-interest ratio is currently 0.2 days.

BB Seguridade Participações Trading Down 0.5 %

Shares of BB Seguridade Participações stock traded down $0.03 during midday trading on Friday, reaching $6.42. The company had a trading volume of 32,525 shares, compared to its average volume of 46,147. The stock has a fifty day simple moving average of $6.41 and a 200 day simple moving average of $6.35. BB Seguridade Participações has a 1-year low of $5.73 and a 1-year high of $7.67. The company has a market capitalization of $12.84 billion, a price-to-earnings ratio of 7.77, a price-to-earnings-growth ratio of 1.92 and a beta of 0.99.

BB Seguridade Participações (OTCMKTS:BBSEY) last issued its quarterly earnings results on Friday, August 2nd. The company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $483.13 million for the quarter. BB Seguridade Participações had a return on equity of 78.54% and a net margin of 85.25%. Sell-side analysts expect that BB Seguridade Participações will post 0.69 earnings per share for the current year.

BB Seguridade Participações Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 9th. Stockholders of record on Tuesday, August 20th were given a dividend of $0.2127 per share. This represents a dividend yield of 3.16%. The ex-dividend date was Monday, August 19th. BB Seguridade Participações’s dividend payout ratio is 51.81%.

About BB Seguridade Participações

BB Seguridade Participações SA, through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. The company operates through Security and Brokerage segments. The Security segment offers life, property, rural, special risks and financial, transport, hulls, and housing people insurance products.