Short Interest in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Rises By 12.4%

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 339,000 shares, an increase of 12.4% from the August 15th total of 301,600 shares. Based on an average daily trading volume, of 62,600 shares, the short-interest ratio is presently 5.4 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in AVAL. Catalina Capital Group LLC bought a new stake in shares of Grupo Aval Acciones y Valores during the first quarter valued at approximately $25,000. Fermata Advisors LLC bought a new stake in Grupo Aval Acciones y Valores during the 1st quarter valued at $26,000. Simplicity Wealth LLC bought a new stake in shares of Grupo Aval Acciones y Valores in the 2nd quarter valued at about $30,000. Stokes Family Office LLC lifted its stake in shares of Grupo Aval Acciones y Valores by 64.5% during the 2nd quarter. Stokes Family Office LLC now owns 51,000 shares of the bank’s stock worth $111,000 after purchasing an additional 20,000 shares during the last quarter. Finally, First Affirmative Financial Network lifted its holdings in shares of Grupo Aval Acciones y Valores by 17.9% during the 1st quarter. First Affirmative Financial Network now owns 54,549 shares of the bank’s stock valued at $126,000 after purchasing an additional 8,268 shares during the last quarter. 0.21% of the stock is owned by hedge funds and other institutional investors.

Grupo Aval Acciones y Valores Stock Down 1.0 %

AVAL traded down $0.02 during midday trading on Monday, reaching $2.02. 21,052 shares of the company were exchanged, compared to its average volume of 66,818. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.05 and a current ratio of 0.89. The company has a market cap of $2.40 billion, a price-to-earnings ratio of 25.38 and a beta of 0.99. Grupo Aval Acciones y Valores has a one year low of $1.94 and a one year high of $2.70. The company’s fifty day moving average price is $2.10 and its 200 day moving average price is $2.27.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released its quarterly earnings results on Wednesday, August 14th. The bank reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). The firm had revenue of $953.94 million during the quarter, compared to the consensus estimate of $994.03 million. Grupo Aval Acciones y Valores had a return on equity of 1.46% and a net margin of 1.30%. As a group, analysts expect that Grupo Aval Acciones y Valores will post 0.2 EPS for the current year.

Grupo Aval Acciones y Valores Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, August 9th. Shareholders of record on Thursday, August 1st were paid a dividend of $0.0084 per share. This represents a yield of 4.86%. The ex-dividend date was Wednesday, July 31st. Grupo Aval Acciones y Valores’s payout ratio is 125.00%.

About Grupo Aval Acciones y Valores

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.