SLC Agrícola S.A. (OTCMKTS:SLCJY – Get Rating) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totalling 6,100 shares, an increase of 1,425.0% from the April 30th total of 400 shares. Based on an average daily volume of 28,000 shares, the short-interest ratio is presently 0.2 days.
Shares of SLC Agrícola stock traded up $0.12 during midday trading on Wednesday, reaching $11.08. The company had a trading volume of 10,281 shares, compared to its average volume of 43,349. The stock has a fifty day simple moving average of $10.63 and a 200 day simple moving average of $8.81. SLC Agrícola has a 1-year low of $5.89 and a 1-year high of $12.60.
The firm also recently announced a dividend, which will be paid on Thursday, May 26th. Shareholders of record on Thursday, May 12th will be issued a dividend of $0.4313 per share. This represents a yield of 3.75%. The ex-dividend date is Wednesday, May 11th.
SLC Agrícola SA produces and sells agricultural products in Brazil and internationally. The company's products include soybean, corn, and cotton crops, as well as soybean seeds, brachiaria seeds, mung beans, popcorn, seed corn, wheat, stylis, and permanent livestock. It also focuses on acquiring and developing land for agriculture.
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