BBD Crosses Below Key Moving Average Level

Short interest, or the number of a stock's tradable shares now being shorted, is another metric investors use to get a pulse on sentiment.

Several institutional investors have recently bought and sold shares of BBD. FTB Advisors, Inc. added to its stake by buying 607 shares an increase of 21.8% in the quarter. ZWJ Investment Counsel Inc. now owns 15,596 shares of the bank's stock worth $133,000 after buying an additional 217 shares in the last quarter.

Having a peek at growth estimates of the company, Banco Bradesco Sa (NYSE:BBD) has current quarter growth estimates of 9.1% however it has -4.2% estimations over growth for the next quarter. Among active positions in the latest quarter, 93 holders increased their positions by a total of 72.41 million shares, 109 holders decreased the positions by a total of 67.02 million shares, and 25 holders held their positions. The stock touched 52-week High of $11.85 on 10/05/17 and 52-week Low of $6.98 on 12/19/16. GAM Holding AG now owns 720,000 shares of the company's stock valued at $5,623,000 after buying an additional 230,000 shares during the last quarter. Wellington Management Group Llp owns 229,704 shares with a value of $2,543,000. Wetherby Asset Management Inc. increased its position in Banco Bradesco SA by 17.7% in the second quarter. Mirae Asset Global Investments Co., Ltd. trimmed its stake by selling 2,255 shares a decrease of 8.0%. The stock now has Weekly Volatility of 3.02% and Monthly Volatility of 2.53%.

Another recent and important Banco Bradesco SA (ADR) (NYSE:BBD) news was published by Benzinga.com which published an article titled: "18 Biggest Mid-Day Losers For Thursday" on May 18, 2017. 8,352,900 shares of the stock traded hands, compared to its average volume of 11,266,852.

In the market the company is trading down by 0.80% percent from yesterday's close. The firm has a market cap of $28,498.31, a P/E ratio of 9.78 and a beta of 1.72. Banco Bradesco SA (ADR) (NYSE:BBD) has risen 43.32% since November 13, 2016 and is uptrending.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, January 9th. Shareholders of record on Tuesday, December 5th will be issued a $0.0058 dividend. The ex-dividend date of this dividend is Monday, December 4th. This represents a $0.07 dividend on an annualized basis and a yield of 0.70%. Scotia Capital upgraded Banco Bradesco SA (ADR) (NYSE:BBD) on Wednesday, April 12 to "Sector Perform" rating. Accern also assigned media stories about the bank an impact score of 46.4159446617919 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. The stock of Banco Bradesco SA (ADR) (NYSE:BBD) has "Buy" rating given on Monday, September 11 by Goldman Sachs. ValuEngine lowered Banco Bradesco SA from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, October 31st. On Friday, April 8 the stock rating was downgraded by Citigroup to "Sell". The company's 50 day moving average price is $8.73 and its 200 day moving average price is $8.70. The value of the total investment in Banco Bradesco Sa increased from $470,000 to $760,000 increasing 61.7% for the reporting period. If you are reading this piece of content on another domain, it was stolen and republished in violation of United States & worldwide trademark & copyright law.

Banco Bradesco SA is a commercial bank.

Banco Bradesco SA provides banking and financial products and services to individuals, companies, and corporations and institutions.