Cyrela Brazil Realty SA (OTCMKTS:CYRBY) Short Interest Update

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 19,933 shares, a drop of 69.7% from the August 15th total of 65,867 shares. Based on an average daily volume of 14,651 shares, the short-interest ratio is currently 1.4 days. Approximately 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

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

Cyrela Brazil Realty Trading Up 7.6%

OTCMKTS CYRBY opened at $5.39 on Friday. Cyrela Brazil Realty has a 12 month low of $3.65 and a 12 month high of $7.92. The company has a current ratio of 9.04, a quick ratio of 9.04 and a debt-to-equity ratio of 0.26. The stock’s fifty day moving average price is $4.48 and its 200-day moving average price is $4.82. The stock has a market cap of $2.07 billion, a P/E ratio of 5.73 and a beta of 0.60.

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.