Short Interest in Cielo S.A. (OTCMKTS:CIOXY) Rises By 1,900.0%

Cielo S.A. (OTCMKTS:CIOXY – Get Rating) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 2,000 shares, a growth of 1,900.0% from the April 30th total of 100 shares. Based on an average daily trading volume, of 145,800 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Citigroup raised shares of Cielo from a “neutral” rating to a “buy” rating in a research note on Monday, February 6th.

Cielo Trading Down 0.9 %

Shares of CIOXY opened at $0.94 on Friday. The firm has a market capitalization of $2.55 billion, a P/E ratio of 15.86, a P/E/G ratio of 0.38 and a beta of 0.89. Cielo has a 12-month low of $0.63 and a 12-month high of $1.18. The firm has a fifty day moving average price of $0.96 and a 200-day moving average price of $0.93.

Cielo Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, May 25th. Stockholders of record on Monday, May 8th were paid a dividend of $0.0095 per share. This represents a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, May 5th. Cielo’s dividend payout ratio is currently 66.68%.

Cielo Company Profile

(Get Rating)

Cielo SA engages in the provision of payment processing solutions. The firm provides services related to credit and debit cards and other means of payment, including signing up of merchants and service providers, rental, installation and maintenance of POS (point-of-sale) terminals, data capture and processing of electronic and manual transactions, as well as the issuance and management of payment accounts.