Raia Drogasil S.A. (OTCMKTS:RADLY – Get Free Report) was the recipient of a large increase in short interest in May. As of May 31st, there was short interest totalling 8,500 shares, an increase of 28.8% from the May 15th total of 6,600 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is presently 2.1 days.
Raia Drogasil Trading Up 2.0%
OTCMKTS RADLY opened at $2.53 on Thursday. Raia Drogasil has a 1 year low of $2.21 and a 1 year high of $14.00. The company has a fifty day moving average price of $2.98 and a 200-day moving average price of $3.35.
Raia Drogasil Cuts Dividend
The business also recently declared a dividend, which will be paid on Thursday, December 11th. Investors of record on Tuesday, April 15th will be issued a $0.0082 dividend. This represents a dividend yield of 1.39%. The ex-dividend date is Monday, April 14th.
About Raia Drogasil
Raia Drogasil SA engages in the retail sale of medicines, perfumery, personal care and beauty products, cosmetics, dermocosmetics, and specialty medicines in Brazil. It also markets its goods through telesales and call centers in the states of São Paulo, Tocantins, and Pernambuco. The company was founded in 1905 and is headquartered in São Paulo, Brazil.
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