Alvopetro Energy Ltd. (OTCMKTS:ALVOF) Short Interest Update

Alvopetro Energy Ltd. (OTCMKTS:ALVOF) was the recipient of a large decrease in short interest in January. As of January 31st, there was short interest totalling 10,400 shares, a decrease of 76.4% from the January 15th total of 44,000 shares. Based on an average trading volume of 25,100 shares, the short-interest ratio is currently 0.4 days.

Alvopetro Energy Price Performance

OTCMKTS ALVOF opened at $3.50 on Thursday. Alvopetro Energy has a 52-week low of $2.85 and a 52-week high of $4.98. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.10 and a quick ratio of 2.10. The firm has a market capitalization of $127.65 million, a price-to-earnings ratio of 8.97 and a beta of 0.07. The company has a 50 day simple moving average of $3.56 and a 200-day simple moving average of $3.59.

Alvopetro Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.09 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.36 dividend on an annualized basis and a yield of 10.29%. Alvopetro Energy’s dividend payout ratio is currently 92.31%.

Alvopetro Energy Company Profile

Alvopetro Energy Ltd. operates as an independent upstream and midstream operator. It engages in the acquisition, exploration, development, and production of hydrocarbons. The company holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil.