Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Sees Large Increase in Short Interest

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

Grupo Aval Acciones y Valores Price Performance

AVAL stock opened at $1.94 on Wednesday. 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’s fifty day moving average price is $2.09 and its 200-day moving average price is $2.26. Grupo Aval Acciones y Valores has a one year low of $1.94 and a one year high of $2.70. The company has a market capitalization of $2.30 billion, a PE ratio of 24.25 and a beta of 0.99.

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

Grupo Aval Acciones y Valores Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, August 9th. Investors 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 of this dividend was Wednesday, July 31st. Grupo Aval Acciones y Valores’s payout ratio is presently 125.00%.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

Several institutional investors have recently added to or reduced their stakes in the company. Inspire Advisors LLC boosted its position in shares of Grupo Aval Acciones y Valores by 11.2% during the 1st quarter. Inspire Advisors LLC now owns 67,058 shares of the bank’s stock valued at $155,000 after acquiring an additional 6,776 shares during the last quarter. First Affirmative Financial Network raised its stake in Grupo Aval Acciones y Valores by 17.9% during the first 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 in the last quarter. Stokes Family Office LLC lifted its position in Grupo Aval Acciones y Valores by 64.5% during the second quarter. Stokes Family Office LLC now owns 51,000 shares of the bank’s stock valued at $111,000 after purchasing an additional 20,000 shares during the last quarter. Simplicity Wealth LLC purchased a new position in shares of Grupo Aval Acciones y Valores in the 2nd quarter worth $30,000. Finally, Fermata Advisors LLC bought a new stake in shares of Grupo Aval Acciones y Valores in the 1st quarter worth about $26,000. Hedge funds and other institutional investors own 0.21% of the company’s stock.

Grupo Aval Acciones y Valores Company Profile

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.