Bancolombia S.A. Price & Performance (CIB)

Bancolombia has seen a notable 57% decline in short interest, signaling a shift toward greater investor confidence. The drop, from over 429,000 to 184,600 shares shorted, comes as analysts raise forecasts and the bank posts solid earnings. Bancolombia's stock remains near the upper range of its 52-week performance.123

Bancolombia has announced a quarterly dividend of $0.5745 per share, resulting in a forward yield of 5.81%. The ex-dividend date is April 29, with payment on May 9. Analysts’ consensus maintains a “Hold” rating, and price targets suggest limited upside from current levels.45

Colombia’s COLCAP index closed up 1.43%, driven by strong performances from financial stocks. Bancolombia led the gains, reflecting robust investor sentiment and positive momentum in the sector. The rally highlights continued confidence in Colombia’s banking industry and broader equity market.67