Short Interest in Cielo S.A. (OTCMKTS:CIOXY) Declines By 87.5%

Cielo S.A. (OTCMKTS:CIOXY) saw a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 1,400 shares, a decline of 87.5% from the October 15th total of 11,200 shares. Based on an average trading volume of 22,900 shares, the short-interest ratio is presently 0.1 days.

Cielo Stock Performance

Cielo stock opened at $0.79 on Friday. Cielo has a fifty-two week low of $0.68 and a fifty-two week high of $1.12. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 6.07, a PEG ratio of 0.34 and a beta of 1.07. The stock has a fifty day moving average of $0.73 and a two-hundred day moving average of $0.85. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.19 and a current ratio of 1.19.

Cielo Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 1st. Shareholders of record on Monday, November 13th will be paid a dividend of $0.0092 per share. The ex-dividend date is Friday, November 10th. Cielo’s dividend payout ratio is presently 30.77%.

About Cielo

Cielo SA, through its subsidiaries, provides payment services in Brazil. It is involved in the provision of services related to credit and debit cards, and other payment methods, including signing up of merchants and service providers; rental, installation, and maintenance of point of sale terminals; and data capture and processing of electronic and manual transactions.