Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Sees Large Decrease in Short Interest

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 88,200 shares, a drop of 61.2% from the December 31st total of 227,500 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 125,900 shares, the short-interest ratio is currently 0.7 days.

Banco Latinoamericano de Comercio Exterior, S. A. Trading Down 0.0 %

BLX traded down $0.01 on Friday, hitting $37.81. The company had a trading volume of 81,948 shares, compared to its average volume of 132,817. The company has a market cap of $1.38 billion, a PE ratio of 6.91 and a beta of 1.16. Banco Latinoamericano de Comercio Exterior, S. A. has a 12-month low of $22.93 and a 12-month high of $39.40. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 2.73. The business’s fifty day simple moving average is $36.03 and its 200 day simple moving average is $33.39.

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) last announced its earnings results on Tuesday, October 29th. The bank reported $1.44 earnings per share (EPS) for the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a return on equity of 16.01% and a net margin of 24.29%. The business had revenue of $209.64 million during the quarter. During the same quarter last year, the firm earned $1.25 EPS. Equities research analysts expect that Banco Latinoamericano de Comercio Exterior, S. A. will post 4.6 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Banco Latinoamericano de Comercio Exterior, S. A. stock. Longboard Asset Management LP purchased a new stake in Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,665 shares of the bank’s stock, valued at approximately $202,000. Hedge funds and other institutional investors own 19.47% of the company’s stock.

Banco Latinoamericano de Comercio Exterior, S. A. Company Profile

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing.