Raia Drogasil S.A. (OTCMKTS:RADLY – Get Free Report) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 14,500 shares, a drop of 27.1% from the March 15th total of 19,900 shares. Based on an average trading volume of 1,800 shares, the days-to-cover ratio is presently 8.1 days.
Raia Drogasil Price Performance
RADLY opened at $3.57 on Friday. Raia Drogasil has a 12 month low of $2.59 and a 12 month high of $14.00. The stock has a fifty day moving average price of $3.34 and a 200-day moving average price of $3.86.
Raia Drogasil Cuts Dividend
The company also recently declared a dividend, which will be paid on Thursday, December 11th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.0082 per share. This represents a dividend yield of 1.39%. The ex-dividend date is Monday, April 14th.
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.
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