Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Sees Large Increase in Short Interest

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 135,200 shares, an increase of 124.6% from the October 31st total of 60,200 shares. Based on an average daily trading volume, of 36,900 shares, the days-to-cover ratio is currently 3.7 days.

Institutional Trading of Grupo Aval Acciones y Valores

A hedge fund recently bought a new stake in Grupo Aval Acciones y Valores stock. Simplicity Wealth LLC acquired a new stake in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) during the second quarter, according to its most recent filing with the SEC. The firm acquired 13,987 shares of the bank’s stock, valued at approximately $30,000. Institutional investors and hedge funds own 0.21% of the company’s stock.

Grupo Aval Acciones y Valores Price Performance

Grupo Aval Acciones y Valores stock traded up $0.06 during trading hours on Friday, hitting $2.11. 51,581 shares of the stock were exchanged, compared to its average volume of 60,276. The stock has a market capitalization of $2.50 billion, a P/E ratio of 12.41 and a beta of 0.98. The business’s 50-day moving average is $2.05 and its two-hundred day moving average is $2.14. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.00 and a current ratio of 1.00. Grupo Aval Acciones y Valores has a 12 month low of $1.94 and a 12 month high of $2.70.

Grupo Aval Acciones y Valores Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 28th will be given a $0.0095 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.11 annualized dividend and a yield of 5.40%. Grupo Aval Acciones y Valores’s payout ratio is 52.94%.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans.