Gafisa SA (OTCMKTS:GFASY – Get Free Report) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 267 shares, a decrease of 80.5% from the July 30th total of 1,371 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 6,452 shares, the short-interest ratio is currently 0.0 days.
Gafisa Price Performance
Shares of Gafisa stock remained flat at $0.03 during midday trading on Wednesday. The company had a trading volume of 4,540 shares, compared to its average volume of 3,693. The stock’s fifty day moving average is $0.20 and its two-hundred day moving average is $0.19. Gafisa has a one year low of $0.01 and a one year high of $0.57.
Gafisa Company Profile
Gafisa SA is a Brazil-based real estate development company founded in 1954 and headquartered in São Paulo. The company is principally engaged in the development, construction and sale of residential properties. It operates across multiple stages of the real estate value chain, including land acquisition, project design, construction management, sales and marketing, and post-sales customer service.
Gafisa’s core offerings focus on medium- and high-income residential segments, with a portfolio that includes mid-rise and high-rise apartment complexes, condominiums and mixed-use developments.
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