Companhia Brasileira De Distribuicao (NYSE:CBD – Get Free Report) was the target of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 96,300 shares, a decline of 9.2% from the November 15th total of 106,100 shares. Based on an average daily trading volume, of 458,200 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CBD. TheStreet lowered shares of Companhia Brasileira De Distribuicao from a “c-” rating to a “d” rating in a report on Friday, November 17th. StockNews.com initiated coverage on shares of Companhia Brasileira De Distribuicao in a report on Wednesday, November 1st. They issued a “hold” rating on the stock.

View Our Latest Research Report on Companhia Brasileira De Distribuicao

Institutional Investors Weigh In On Companhia Brasileira De Distribuicao

Hedge funds and other institutional investors have recently bought and sold shares of the stock. HRT Financial LP increased its position in shares of Companhia Brasileira De Distribuicao by 18.3% during the fourth quarter. HRT Financial LP now owns 25,911 shares of the company’s stock worth $80,000 after acquiring an additional 4,001 shares in the last quarter. HighTower Advisors LLC increased its position in shares of Companhia Brasileira De Distribuicao by 10.8% during the first quarter. HighTower Advisors LLC now owns 44,276 shares of the company’s stock worth $130,000 after acquiring an additional 4,309 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Companhia Brasileira De Distribuicao by 10.1% during the first quarter. Envestnet Asset Management Inc. now owns 67,829 shares of the company’s stock worth $199,000 after acquiring an additional 6,208 shares in the last quarter. Citigroup Inc. boosted its holdings in Companhia Brasileira De Distribuicao by 80.3% during the first quarter. Citigroup Inc. now owns 18,998 shares of the company’s stock worth $56,000 after purchasing an additional 8,459 shares during the last quarter. Finally, Silvercrest Asset Management Group LLC boosted its holdings in Companhia Brasileira De Distribuicao by 44.9% during the first quarter. Silvercrest Asset Management Group LLC now owns 27,460 shares of the company’s stock worth $81,000 after purchasing an additional 8,510 shares during the last quarter. 4.63% of the stock is owned by institutional investors.

Companhia Brasileira De Distribuicao Stock Performance

CBD remained flat at $0.76 during midday trading on Monday. 266,728 shares of the company’s stock traded hands, compared to its average volume of 1,058,631. Companhia Brasileira De Distribuicao has a 12-month low of $0.58 and a 12-month high of $4.76. The company has a current ratio of 1.32, a quick ratio of 0.99 and a debt-to-equity ratio of 0.92. The stock’s 50 day simple moving average is $0.71 and its 200 day simple moving average is $2.16.

Companhia Brasileira De Distribuicao (NYSE:CBD – Get Free Report) last posted its quarterly earnings results on Monday, October 30th. The company reported $0.62 earnings per share for the quarter. The company had revenue of $971.69 million during the quarter. Analysts predict that Companhia Brasileira De Distribuicao will post -0.64 EPS for the current fiscal year.

Companhia Brasileira De Distribuicao Company Profile (Get Free Report)

Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of supermarkets, specialized stores, and department stores in Brazil. The company sells non-perishables, beverages, fruits, vegetables, meat, breads, cold cuts, dairy products, cleaning products, disposable products, and personal care products; and home appliances and other non-food products, such as clothing and baby items, shoes and accessories, household articles, books, magazines, CDs and DVDs, stationery, toys, sports and camping gears, furniture, mobile phones, mattresses, pet products, and gardening equipment and tools, as well as electronic products, including personal computers, software, computer accessories, and sound and image systems.

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Original: MarketBeat News Feed: Companhia Brasileira De Distribuicao (NYSE:CBD) Short Interest Update