Raia Drogasil S.A. (OTCMKTS:RADLY – Get Free Report) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 14,900 shares, an increase of 7,350.0% from the July 15th total of 200 shares. Based on an average daily volume of 224,800 shares, the days-to-cover ratio is currently 0.1 days.
Raia Drogasil Stock Performance
OTCMKTS RADLY opened at $5.51 on Wednesday. Raia Drogasil has a twelve month low of $3.87 and a twelve month high of $14.00. The stock has a fifty day simple moving average of $4.80 and a 200 day simple moving average of $5.28.
Raia Drogasil Cuts Dividend
The business also recently declared a dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, July 18th will be paid a $0.0059 dividend. The ex-dividend date is Thursday, July 18th.
Raia Drogasil Company Profile
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.
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