BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Short Interest Down 43.9% in August

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) saw a large drop in short interest in August. As of August 31st, there was short interest totalling 17,100 shares, a drop of 43.9% from the August 15th total of 30,500 shares. Based on an average daily volume of 99,000 shares, the short-interest ratio is currently 0.2 days.

BB Seguridade Participações Stock Performance

Shares of OTCMKTS BBSEY traded up $0.08 during mid-day trading on Friday, reaching $6.50. 21,290 shares of the company traded hands, compared to its average volume of 46,832. The stock has a market cap of $12.99 billion, a PE ratio of 7.83, a price-to-earnings-growth ratio of 1.51 and a beta of 0.99. The company’s fifty day moving average is $6.37 and its two-hundred day moving average is $6.36. BB Seguridade Participações has a fifty-two week low of $5.73 and a fifty-two week high of $7.67.

BB Seguridade Participações (OTCMKTS:BBSEY) last released its earnings results on Friday, August 2nd. The company reported $0.21 earnings per share (EPS) for the quarter. BB Seguridade Participações had a return on equity of 78.54% and a net margin of 85.25%. The firm had revenue of $483.13 million for the quarter. Research analysts forecast that BB Seguridade Participações will post 0.78 earnings per share for the current year.

BB Seguridade Participações Announces Dividend

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

BB Seguridade Participações Company Profile

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.