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

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 49,600 shares, an increase of 6.4% from the March 15th total of 46,600 shares. Based on an average daily volume of 119,200 shares, the days-to-cover ratio is currently 0.4 days.

BB Seguridade Participações Stock Performance

Shares of BB Seguridade Participações stock opened at $6.34 on Thursday. The firm has a market cap of $12.94 billion, a PE ratio of 7.93, a price-to-earnings-growth ratio of 0.70 and a beta of 1.00. BB Seguridade Participações has a 1 year low of $5.90 and a 1 year high of $7.67. The firm’s 50-day simple moving average is $6.64 and its 200-day simple moving average is $6.59.

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

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.