Alvopetro Energy Ltd. (OTCMKTS:ALVOF) Short Interest Update

Alvopetro Energy Ltd. (OTCMKTS:ALVOF) was the recipient of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 6,200 shares, a decline of 40.4% from the January 31st total of 10,400 shares. Based on an average trading volume of 44,200 shares, the days-to-cover ratio is currently 0.1 days.

Alvopetro Energy Stock Performance

Shares of OTCMKTS ALVOF opened at $3.26 on Friday. The firm has a 50 day moving average of $3.54 and a 200 day moving average of $3.58. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $118.80 million, a price-to-earnings ratio of 8.36 and a beta of 0.07. Alvopetro Energy has a 12-month low of $2.85 and a 12-month high of $4.62.

Alvopetro Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.36 annualized dividend and a yield of 11.04%. Alvopetro Energy’s dividend payout ratio (DPR) is 92.31%.

Alvopetro Energy Company Profile

Alvopetro Energy Ltd. operates as an independent upstream and midstream operator. It engages in the acquisition, exploration, development, and production of hydrocarbons. The company holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil.