Cyrela Brazil Realty SA (OTCMKTS:CYRBY) Sees Significant Increase in Short Interest

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 8,868 shares, a growth of 398.2% from the July 15th total of 1,780 shares. Based on an average daily volume of 10,290 shares, the short-interest ratio is presently 0.9 days. Approximately 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Zacks Research raised Cyrela Brazil Realty to a “hold” rating in a research note on Tuesday, June 16th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Cyrela Brazil Realty Stock Down 1.5%

Cyrela Brazil Realty stock traded down $0.06 during mid-day trading on Friday, reaching $4.04. 6,637 shares of the company’s stock were exchanged, compared to its average volume of 8,678. The company has a market cap of $1.55 billion, a P/E ratio of 4.39 and a beta of 0.58. Cyrela Brazil Realty has a twelve month low of $3.74 and a twelve month high of $7.92. The company has a quick ratio of 9.04, a current ratio of 9.04 and a debt-to-equity ratio of 0.26. The company has a fifty day moving average of $4.39 and a 200-day moving average of $5.07.

Cyrela Brazil Realty Company Profile

Cyrela Brazil Realty SA Empreendimentos e Participações is a leading Brazilian residential real estate developer. Founded in 1962 by Elie Horn and headquartered in São Paulo, the company has built a reputation for high-quality construction, innovative architectural design and sustainable building practices. It focuses primarily on luxury and mid-market housing projects, combining modern amenities with meticulous craftsmanship.

The company’s core activities encompass land acquisition, project design, construction management and sales of residential units such as condominiums, single-family homes and mixed-use developments.