BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Short Interest Up 24.4% in April

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 61,700 shares, a growth of 24.4% from the March 31st total of 49,600 shares. Based on an average daily volume of 79,700 shares, the days-to-cover ratio is currently 0.8 days.

BB Seguridade Participações Stock Performance

Shares of BBSEY stock traded up $0.02 on Friday, reaching $6.33. The company had a trading volume of 50,973 shares, compared to its average volume of 38,041. The company has a 50-day moving average of $6.57 and a 200-day moving average of $6.59. BB Seguridade Participações has a 12 month low of $5.90 and a 12 month high of $7.67.

BB Seguridade Participações (OTCMKTS:BBSEY) last posted its earnings results on Monday, February 5th. The company reported $0.21 earnings per share 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%. As a group, sell-side analysts expect 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.