Short Interest in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Drops By 45.4%

Grupo Aval Acciones y Valores S.A. (NYSE:AVALGet Rating) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 73,100 shares, a decline of 45.4% from the April 30th total of 133,900 shares. Based on an average trading volume of 136,700 shares, the short-interest ratio is presently 0.5 days.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Itau Unibanco Holding S.A. bought a new position in Grupo Aval Acciones y Valores during the 4th quarter valued at $3,196,000. Marshall Wace LLP bought a new position in Grupo Aval Acciones y Valores during the 3rd quarter valued at $2,193,000. Two Sigma Investments LP acquired a new stake in shares of Grupo Aval Acciones y Valores during the third quarter worth $1,688,000. StoneX Group Inc. acquired a new stake in shares of Grupo Aval Acciones y Valores during the first quarter worth $1,264,000. Finally, Renaissance Technologies LLC raised its holdings in shares of Grupo Aval Acciones y Valores by 14.5% during the third quarter. Renaissance Technologies LLC now owns 1,253,872 shares of the bank’s stock worth $7,247,000 after purchasing an additional 158,334 shares during the period. Institutional investors own 0.45% of the company’s stock.

Separately, Zacks Investment Research cut shares of Grupo Aval Acciones y Valores from a “hold” rating to a “sell” rating in a research report on Wednesday.

AVAL traded up $0.17 during midday trading on Friday, reaching $4.23. 431,486 shares of the company’s stock were exchanged, compared to its average volume of 124,060. The business’s 50-day moving average price is $4.36 and its 200 day moving average price is $5.02. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a market capitalization of $4.70 billion, a PE ratio of 5.29 and a beta of 1.22. Grupo Aval Acciones y Valores has a 1-year low of $3.86 and a 1-year high of $6.17.

Grupo Aval Acciones y Valores (NYSE:AVALGet Rating) last posted its quarterly earnings data on Wednesday, March 16th. The bank reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). The firm had revenue of $931.23 million during the quarter. Grupo Aval Acciones y Valores had a net margin of 13.06% and a return on equity of 7.98%. As a group, analysts expect that Grupo Aval Acciones y Valores will post 0.72 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 7th. Investors of record on Thursday, June 2nd will be given a dividend of $0.245 per share. This is a positive change from Grupo Aval Acciones y Valores’s previous quarterly dividend of $0.04. The ex-dividend date is Wednesday, June 1st. This represents a $0.98 annualized dividend and a yield of 23.17%. Grupo Aval Acciones y Valores’s dividend payout ratio is 2,198.75%.

About Grupo Aval Acciones y Valores (Get Rating)

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.

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