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

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) was the recipient of a significant 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 presently 0.2 days.

BB Seguridade Participações Price Performance

OTCMKTS:BBSEY opened at $6.50 on Friday. The company has a market cap of $12.99 billion, a price-to-earnings ratio of 7.83, a PEG ratio of 1.51 and a beta of 0.99. BB Seguridade Participações has a 1 year low of $5.73 and a 1 year high of $7.67. The stock’s 50 day simple moving average is $6.36 and its two-hundred day simple moving average is $6.36.

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

BB Seguridade Participações Announces Dividend

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