Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Sees Significant Decline in Short Interest

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) saw a significant decline in short interest in January. As of January 15th, there was short interest totalling 88,200 shares, a decline of 61.2% from the December 31st total of 227,500 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 125,900 shares, the short-interest ratio is presently 0.7 days.

Banco Latinoamericano de Comercio Exterior, S. A. Stock Down 0.0 %

NYSE:BLX traded down $0.01 during trading hours on Friday, reaching $37.81. The company’s stock had a trading volume of 81,948 shares, compared to its average volume of 132,817. The stock has a 50 day moving average price of $36.03 and a two-hundred day moving average price of $33.39. The company has a market capitalization of $1.38 billion, a P/E ratio of 6.91 and a beta of 1.16. 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 12 month low of $22.93 and a 12 month high of $39.40.

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) last issued its quarterly earnings results on Tuesday, October 29th. The bank reported $1.44 earnings per share (EPS) for the quarter. The business had revenue of $209.64 million for the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a return on equity of 16.01% and a net margin of 24.29%. During the same period in the previous year, the company posted $1.25 earnings per share. Equities analysts predict that Banco Latinoamericano de Comercio Exterior, S. A. will post 4.6 EPS for the current fiscal year.

Hedge Funds Weigh In On Banco Latinoamericano de Comercio Exterior, S. A.

An institutional investor recently bought a new position in Banco Latinoamericano de Comercio Exterior, S. A. stock. Longboard Asset Management LP bought a new stake in Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,665 shares of the bank’s stock, valued at approximately $202,000. 19.47% of the stock is currently owned by hedge funds and other institutional investors.

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.