Raia Drogasil S.A. (OTCMKTS:RADLY) Short Interest Down 28.6% in August

Raia Drogasil S.A. (OTCMKTS:RADLY) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 18,200 shares, a drop of 28.6% from the August 15th total of 25,500 shares. Based on an average daily volume of 14,100 shares, the short-interest ratio is currently 1.3 days.

Raia Drogasil Stock Performance

RADLY stock traded down $0.14 during trading on Friday, hitting $4.70. 19,434 shares of the company’s stock traded hands, compared to its average volume of 30,782. Raia Drogasil has a 1 year low of $3.87 and a 1 year high of $14.00. The business has a fifty day simple moving average of $5.15 and a two-hundred day simple moving average of $5.13.

Raia Drogasil Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, July 18th will be given a $0.0059 dividend. The ex-dividend date is Thursday, July 18th.

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.