BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Short Interest Update

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 262,900 shares, an increase of 31.8% from the February 28th total of 199,400 shares. Based on an average trading volume of 153,200 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.0% of the company’s stock are sold short.

BB Seguridade Participações Stock Performance

Shares of BBSEY opened at $7.07 on Tuesday. BB Seguridade Participações has a one year low of $5.38 and a one year high of $7.43. The stock has a 50-day moving average price of $6.87 and a 200 day moving average price of $6.32. The company has a market capitalization of $14.14 billion, a P/E ratio of 8.52, a P/E/G ratio of 1.51 and a beta of 0.90.

BB Seguridade Participações (OTCMKTS:BBSEY) last announced its earnings results on Monday, February 17th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. BB Seguridade Participações had a return on equity of 73.91% and a net margin of 85.43%. The company had revenue of $448.84 million for the quarter. As a group, equities research analysts forecast that BB Seguridade Participações will post 0.71 earnings per share for the current fiscal year.

BB Seguridade Participações Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 13th. Shareholders of record on Friday, February 28th were paid a dividend of $0.3978 per share. This is an increase from BB Seguridade Participações’s previous dividend of $0.21. The ex-dividend date of this dividend was Friday, February 28th. BB Seguridade Participações’s dividend payout ratio is 86.75%.

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.