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

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) was the target of a significant decrease in short interest in the month of August. As of August 15th, there was short interest totaling 137,600 shares, adecreaseof42.3% from the July 31st total of 238,500 shares. Based on an average daily trading volume, of 105,100 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 105,100 shares, the short-interest ratio is currently 1.3 days.

Grupo Aval Acciones y Valores Trading Up 0.3%

NYSE:AVAL traded up $0.01 during mid-day trading on Monday, reaching $3.32. 22,346 shares of the company’s stock traded hands, compared to its average volume of 119,014. The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of 10.69 and a beta of 0.81. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.99 and a quick ratio of 0.99. The company has a 50 day moving average price of $3.04 and a 200-day moving average price of $2.87. Grupo Aval Acciones y Valores has a 12-month low of $1.94 and a 12-month high of $3.43.

Grupo Aval Acciones y Valores Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 9th. Shareholders of record on Friday, February 27th will be paid a $0.0115 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 4.2%. Grupo Aval Acciones y Valores’s payout ratio is presently 35.48%.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Banco BTG Pactual S.A. raised its holdings in shares of Grupo Aval Acciones y Valores by 172.8% in the first quarter. Banco BTG Pactual S.A. now owns 93,160 shares of the bank’s stock worth $254,000 after buying an additional 59,006 shares during the last quarter. Stokes Family Office LLC grew its holdings in Grupo Aval Acciones y Valores by 51.5% during the 2nd quarter. Stokes Family Office LLC now owns 62,129 shares of the bank’s stock worth $175,000 after acquiring an additional 21,129 shares in the last quarter. Marshall Wace LLP grew its stake in Grupo Aval Acciones y Valores by 73.6% during the 2nd quarter. Marshall Wace LLP now owns 60,733 shares of the bank’s stock worth $171,000 after buying an additional 25,753 shares during the last quarter. Dauntless Investment Group LLC acquired a new stake in Grupo Aval Acciones y Valores in the first quarter valued at about $161,000. Finally, Jane Street Group LLC acquired a new stake in shares of Grupo Aval Acciones y Valores in the second quarter valued at approximately $155,000. Institutional investors own 0.21% of the company’s stock.

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.