Raia Drogasil S.A. (OTCMKTS:RADLY – Get Free Report) saw a large drop in short interest in March. As of March 31st, there was short interest totalling 14,500 shares, a drop of 27.1% from the March 15th total of 19,900 shares. Based on an average trading volume of 1,800 shares, the days-to-cover ratio is currently 8.1 days.
Raia Drogasil Price Performance
RADLY stock opened at $3.57 on Friday. The stock’s 50 day simple moving average is $3.33 and its 200 day simple moving average is $3.87. Raia Drogasil has a 12-month low of $2.59 and a 12-month high of $14.00.
Raia Drogasil Cuts Dividend
The firm also recently announced a dividend, which will be paid on Thursday, December 11th. Shareholders of record on Tuesday, April 15th will be issued a dividend of $0.0082 per share. The ex-dividend date of this dividend is Monday, April 14th. This represents a dividend yield of 1.39%.
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.
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