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

Alvopetro Energy Ltd. (OTCMKTS:ALVOF) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 33,300 shares, a growth of 18.5% from the October 31st total of 28,100 shares. Based on an average daily volume of 31,600 shares, the days-to-cover ratio is currently 1.1 days.

Alvopetro Energy Trading Down 0.6 %

Shares of ALVOF opened at $3.07 on Tuesday. The business’s 50-day moving average price is $3.57 and its 200 day moving average price is $3.58. The stock has a market capitalization of $112.23 million, a P/E ratio of 7.92 and a beta of 0.22. Alvopetro Energy has a 1-year low of $2.85 and a 1-year high of $5.54. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.08.

Alvopetro Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.09 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.36 dividend on an annualized basis and a yield of 11.73%. Alvopetro Energy’s dividend payout ratio is currently 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.