Short Interest in Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Declines By 61.2%

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 88,200 shares, a decrease of 61.2% from the December 31st total of 227,500 shares. Based on an average daily volume of 125,900 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the shares of the company are short sold.

Banco Latinoamericano de Comercio Exterior, S. A. Price Performance

Shares of Banco Latinoamericano de Comercio Exterior, S. A. stock traded up $0.15 on Friday, hitting $37.97. The company had a trading volume of 7,924 shares, compared to its average volume of 129,088. The business has a 50-day simple moving average of $36.03 and a 200-day simple moving average of $33.39. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.77 and a quick ratio of 1.77. The company has a market cap of $1.39 billion, a PE ratio of 6.94 and a beta of 1.16. Banco Latinoamericano de Comercio Exterior, S. A. has a 52 week low of $22.93 and a 52 week high of $39.40.

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

Institutional Trading of Banco Latinoamericano de Comercio Exterior, S. A.

A hedge fund recently raised its stake in Banco Latinoamericano de Comercio Exterior, S. A. stock. Beddow Capital Management Inc. lifted its position in Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) by 1.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 391,161 shares of the bank’s stock after acquiring an additional 7,423 shares during the quarter. Banco Latinoamericano de Comercio Exterior, S. A. makes up about 5.2% of Beddow Capital Management Inc.’s holdings, making the stock its 4th biggest holding. Beddow Capital Management Inc. owned 1.07% of Banco Latinoamericano de Comercio Exterior, S. A. worth $12,709,000 at the end of the most recent reporting period. Institutional investors own 19.47% of the company’s stock.

About Banco Latinoamericano de Comercio Exterior, S. A.

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.