Short Interest in Raia Drogasil S.A. (OTCMKTS:RADLY) Decreases By 96.0%

Raia Drogasil S.A. (OTCMKTS:RADLY) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 200 shares, a decrease of 96.0% from the June 30th total of 5,000 shares. Based on an average trading volume of 86,400 shares, the short-interest ratio is currently 0.0 days.

Raia Drogasil Stock Performance

Raia Drogasil stock traded down $0.28 during trading hours on Friday, reaching $4.68. 72,490 shares of the company’s stock were exchanged, compared to its average volume of 20,029. The firm’s 50 day simple moving average is $4.73 and its 200 day simple moving average is $5.40. Raia Drogasil has a twelve month low of $3.87 and a twelve month high of $8.25.

Raia Drogasil Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, July 18th will be issued a $0.0059 dividend. The ex-dividend date is Thursday, July 18th.

About Raia Drogasil

Raia Drogasil SA engages in the retail sale of medicines, perfumery, personal care and beauty products, cosmetics, dermocosmetics, and specialty medicines in Brazil. It also markets its goods through telesales and call centers in the states of São Paulo, Tocantins, and Pernambuco. The company was founded in 1905 and is headquartered in São Paulo, Brazil.