BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Sees Significant Growth in Short Interest

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 222,700 shares, an increase of 232.9% from the January 15th total of 66,900 shares. Based on an average trading volume of 131,700 shares, the days-to-cover ratio is currently 1.7 days.

BB Seguridade Participações Stock Up 1.3 %

OTCMKTS BBSEY traded up $0.09 on Friday, hitting $6.96. The company’s stock had a trading volume of 15,108 shares, compared to its average volume of 65,955. The firm has a market cap of $13.92 billion, a PE ratio of 8.29, a PEG ratio of 1.57 and a beta of 0.93. BB Seguridade Participações has a 1-year low of $5.38 and a 1-year high of $7.25. The company’s 50-day moving average is $6.28 and its 200 day moving average is $6.22.

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.