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

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 17,100 shares, a decline 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 presently 0.2 days.

BB Seguridade Participações Stock Up 1.2 %

Shares of OTCMKTS:BBSEY traded up $0.08 during mid-day trading on Friday, reaching $6.50. 21,290 shares of the stock were exchanged, compared to its average volume of 46,832. The company has a market cap of $12.99 billion, a P/E ratio of 7.83, a P/E/G ratio of 1.51 and a beta of 0.99. BB Seguridade Participações has a one year low of $5.73 and a one year high of $7.67. The stock’s 50 day simple moving average is $6.37 and its 200-day simple moving average is $6.36.

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

BB Seguridade Participações Announces Dividend

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