Short Interest in Raia Drogasil S.A. (OTCMKTS:RADLY) Rises By 38.3%

Raia Drogasil S.A. (OTCMKTS:RADLY) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 28,900 shares, a growth of 38.3% from the December 31st total of 20,900 shares. Based on an average trading volume of 31,300 shares, the days-to-cover ratio is currently 0.9 days.

Raia Drogasil Price Performance

Shares of RADLY traded down $0.11 during trading hours on Friday, reaching $3.69. 550 shares of the company’s stock traded hands, compared to its average volume of 12,182. Raia Drogasil has a twelve month low of $3.11 and a twelve month high of $14.00. The business’s fifty day simple moving average is $3.84 and its two-hundred day simple moving average is $4.56.

Raia Drogasil Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, June 9th. Shareholders of record on Thursday, December 12th will be paid a dividend of $0.0119 per share. This is a boost from Raia Drogasil’s previous dividend of $0.01. The ex-dividend date is Thursday, December 12th.

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.