Lavoro Limited (NASDAQ:LVRO) Short Interest Down 39.5% in January

Lavoro Limited (NASDAQ:LVRO) saw a significant decline in short interest in January. As of January 30th, there was short interest totaling 326,960 shares, a decline of 39.5% from the January 15th total of 540,653 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 639,114 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 639,114 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are short sold.

Lavoro Stock Down 4.1%

Shares of NASDAQ:LVRO traded down $0.04 during mid-day trading on Friday, reaching $0.98. 23,412 shares of the stock were exchanged, compared to its average volume of 4,404,794. The company has a market cap of $114.04 million, a P/E ratio of -0.62 and a beta of 0.57. Lavoro has a one year low of $0.19 and a one year high of $5.40. The stock’s 50 day simple moving average is $0.91 and its 200-day simple moving average is $1.33.

About Lavoro

Lavoro Limited operates as an agricultural inputs retailer. The company operates through three segments: Brazil Cluster, LATAM Cluster, and Crop Care Cluster. It distributes agricultural inputs, such as crop protection, seeds, fertilizers, foliar fertilizers, biologicals, adjuvants, organominerals, and others for the agricultural industry. The company also produces specialty fertilizers, crop protection products, and biological crop inputs. It operates in Brazil, Colombia, and Uruguay. The company sells its products through its physical stores and digital channel.