Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Short Interest Up 105.5% in December

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 227,500 shares, an increase of 105.5% from the November 30th total of 110,700 shares. Based on an average trading volume of 118,700 shares, the short-interest ratio is presently 1.9 days. Approximately 0.8% of the company’s shares are sold short.

Institutional Investors Weigh In On Banco Latinoamericano de Comercio Exterior, S. A.

Several hedge funds and other institutional investors have recently bought and sold shares of BLX. Sagil Capital LLP grew its position in Banco Latinoamericano de Comercio Exterior, S. A. by 72.8% in the 2nd quarter. Sagil Capital LLP now owns 189,118 shares of the bank’s stock valued at $5,611,000 after purchasing an additional 79,701 shares during the period. Beddow Capital Management Inc. lifted its position in Banco Latinoamericano de Comercio Exterior, S. A. by 1.0% in the 2nd quarter. Beddow Capital Management Inc. now owns 383,738 shares of the bank’s stock valued at $11,386,000 after acquiring an additional 3,771 shares in the last quarter. LSV Asset Management boosted its stake in Banco Latinoamericano de Comercio Exterior, S. A. by 18.8% during the 2nd quarter. LSV Asset Management now owns 1,143,824 shares of the bank’s stock valued at $33,937,000 after purchasing an additional 181,300 shares during the last quarter. Meeder Asset Management Inc. increased its holdings in Banco Latinoamericano de Comercio Exterior, S. A. by 77.8% during the 2nd quarter. Meeder Asset Management Inc. now owns 969 shares of the bank’s stock worth $29,000 after purchasing an additional 424 shares in the last quarter. Finally, Rhumbline Advisers boosted its position in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 0.9% during the second quarter. Rhumbline Advisers now owns 47,093 shares of the bank’s stock valued at $1,397,000 after buying an additional 411 shares during the last quarter. 19.47% of the stock is owned by institutional investors.

Banco Latinoamericano de Comercio Exterior, S. A. Trading Down 1.3 %

Shares of Banco Latinoamericano de Comercio Exterior, S. A. stock traded down $0.48 on Friday, reaching $35.38. 67,327 shares of the company’s stock were exchanged, compared to its average volume of 125,705. The firm’s 50-day moving average is $34.18 and its two-hundred day moving average is $32.17. The company has a market capitalization of $1.29 billion, a P/E ratio of 6.47 and a beta of 1.17. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.77 and a current ratio of 1.77. Banco Latinoamericano de Comercio Exterior, S. A. has a 52 week low of $22.93 and a 52 week high of $36.58.

Banco Latinoamericano de Comercio Exterior, S. A. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Friday, November 8th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 5.65%. The ex-dividend date of this dividend was Friday, November 8th. Banco Latinoamericano de Comercio Exterior, S. A.’s dividend payout ratio is presently 36.56%.

Banco Latinoamericano de Comercio Exterior, S. A. Company Profile

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing.