Short Interest in Lojas Renner S.A. (OTCMKTS:LRENY) Expands By 7.6%

Lojas Renner S.A. (OTCMKTS:LRENYGet Rating) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totalling 138,000 shares, a growth of 7.6% from the August 15th total of 128,300 shares. Based on an average trading volume of 14,900 shares, the days-to-cover ratio is currently 9.3 days.

Lojas Renner Stock Performance

Shares of OTCMKTS:LRENY opened at $5.12 on Tuesday. Lojas Renner has a 52-week low of $3.75 and a 52-week high of $7.27. The stock’s fifty day simple moving average is $5.02 and its 200-day simple moving average is $5.04.

Lojas Renner Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, August 1st. Stockholders of record on Monday, July 25th were given a $0.0227 dividend. The ex-dividend date of this dividend was Friday, July 22nd. This represents a dividend yield of 1.73%.

Lojas Renner Company Profile

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Lojas Renner SA, together with its subsidiaries, operates as a fashion and lifestyle company in Brazil, Uruguay, and Argentina. The company operates in Retail and Financial Products segments. It engages in the trade of clothes and sports products, shoes, accessories, perfumery, domestic appliances, towels and linen, furniture, and decoration articles.

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