Raia Drogasil S.A. (OTCMKTS:RADLY) Short Interest Update

Raia Drogasil S.A. (OTCMKTS:RADLY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 28,900 shares, an increase 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 presently 0.9 days.

Raia Drogasil Stock Down 2.9 %

Raia Drogasil stock traded down $0.11 during trading hours on Friday, hitting $3.69. 550 shares of the stock traded hands, compared to its average volume of 12,182. The firm’s 50 day moving average price is $3.84 and its 200-day moving average price is $4.56. Raia Drogasil has a 1 year low of $3.11 and a 1 year high of $14.00.

Raia Drogasil Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, June 9th. Investors of record on Thursday, December 12th will be given a $0.0119 dividend. The ex-dividend date is Thursday, December 12th. This is a positive change from Raia Drogasil’s previous dividend of $0.01.

Raia Drogasil Company Profile

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.