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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 12,364 shares, an increase of 1,102.7% from the May 31st total of 1,028 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 39,665 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Cyrela Brazil Realty to a “hold” rating in a research report on Tuesday, June 16th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Cyrela Brazil Realty currently has a consensus rating of “Hold”.

Cyrela Brazil Realty Price Performance

Shares of OTCMKTS:CYRBY traded up $0.33 on Friday, reaching $4.45. The company’s stock had a trading volume of 1,354 shares, compared to its average volume of 15,642. The company has a 50-day simple moving average of $4.67 and a 200 day simple moving average of $5.33. The company has a debt-to-equity ratio of 0.26, a quick ratio of 4.24 and a current ratio of 9.04. The company has a market cap of $1.71 billion, a P/E ratio of 4.84 and a beta of 0.57. Cyrela Brazil Realty has a 52-week low of $3.74 and a 52-week high of $7.92.

Cyrela Brazil Realty (OTCMKTS:CYRBY) last issued its quarterly earnings data on Thursday, May 21st. The company reported $999.00 earnings per share for the quarter. Cyrela Brazil Realty had a return on equity of 17.39% and a net margin of 20.79%. As a group, equities research analysts anticipate that Cyrela Brazil Realty will post 0.81 EPS for the current fiscal year.

About Cyrela Brazil Realty

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.