Banco Bradesco S.A. (NYSE:BBDO) Short Interest Down 5.2% in January

Posted by Lauren Steadman on Feb 4th, 2025

Banco Bradesco S.A. (NYSE:BBDO – Get Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 102,900 shares, a decrease of 5.2% from the December 31st total of 108,500 shares. Based on an average trading volume of 45,400 shares, the short-interest ratio is presently 2.3 days.

Banco Bradesco Stock Performance

Shares of BBDO stock opened at $2.01 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.36. Banco Bradesco has a 52 week low of $1.71 and a 52 week high of $2.96. The stock has a fifty day moving average of $1.86 and a 200 day moving average of $2.16. The firm has a market capitalization of $21.34 billion, a price-to-earnings ratio of 7.71 and a beta of 1.09.

Banco Bradesco Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 5th will be given a dividend of $0.0028 per share. The ex-dividend date is Wednesday, February 5th. This represents a $0.03 dividend on an annualized basis and a yield of 1.69%. Banco Bradesco’s dividend payout ratio (DPR) is currently 11.54%.

Banco Bradesco Company Profile

(Get Free Report)

Banco Bradesco SA, together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; overdraft and agribusiness loans; debit and business cards; financial and security services; consortium products; car, personal accident, dental, travel, and life insurance; investment products; pension products; foreign currency exchange services; capitalization bonds; and internet banking services.