BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Short Interest Down 37.9% in March

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 46,600 shares, a drop of 37.9% from the February 29th total of 75,000 shares. Based on an average daily trading volume, of 61,600 shares, the days-to-cover ratio is currently 0.8 days.

BB Seguridade Participações Stock Performance

OTCMKTS:BBSEY opened at $6.59 on Friday. The company has a market cap of $13.18 billion, a PE ratio of 8.24, a PEG ratio of 0.71 and a beta of 1.00. BB Seguridade Participações has a 52-week low of $5.90 and a 52-week high of $7.67. The stock has a 50-day simple moving average of $6.78 and a 200 day simple moving average of $6.59.

BB Seguridade Participações (OTCMKTS:BBSEY) last posted its quarterly earnings results on Monday, February 5th. The company reported $0.21 earnings per share for the quarter. The firm had revenue of $487.07 million during the quarter. BB Seguridade Participações had a return on equity of 80.35% and a net margin of 85.27%. On average, research analysts predict that BB Seguridade Participações will post 0.81 earnings per share for the current fiscal year.

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.