Gafisa SA (OTCMKTS:GFASY – Get Free Report) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 267 shares, a drop of 80.5% from the July 30th total of 1,371 shares. Based on an average daily volume of 6,452 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.
Gafisa Stock Performance
OTCMKTS:GFASY remained flat at $0.03 during mid-day trading on Thursday. The company’s stock had a trading volume of 4,540 shares, compared to its average volume of 3,920. The company has a 50 day moving average of $0.19 and a two-hundred day moving average of $0.19. Gafisa has a twelve month low of $0.01 and a twelve month high of $0.57.
Gafisa Company Profile
Gafisa SA is a Brazil-based real estate development company founded in 1954 and headquartered in São Paulo. The company is principally engaged in the development, construction and sale of residential properties. It operates across multiple stages of the real estate value chain, including land acquisition, project design, construction management, sales and marketing, and post-sales customer service.
Gafisa’s core offerings focus on medium- and high-income residential segments, with a portfolio that includes mid-rise and high-rise apartment complexes, condominiums and mixed-use developments.
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