Short Interest in Raia Drogasil S.A. (OTCMKTS:RADLY) Increases By 138.8%

Raia Drogasil S.A. (OTCMKTS:RADLY) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 8,015 shares, an increase of 138.8% from the February 12th total of 3,356 shares. Based on an average daily volume of 13,990 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 13,990 shares, the short-interest ratio is presently 0.6 days.

Raia Drogasil Trading Down 0.9%

Shares of Raia Drogasil stock opened at $4.54 on Friday. The stock has a 50 day moving average price of $4.78 and a 200-day moving average price of $4.20. Raia Drogasil has a one year low of $2.17 and a one year high of $5.34.

Raia Drogasil Company Profile

Raia Drogasil SA is a leading Brazilian retail pharmacy operator, offering a comprehensive range of prescription and over-the-counter medications, health and wellness products, personal care and beauty items, as well as a selection of convenience goods. The company’s network of stores operates under the Raia and Drogasil banners, serving diverse consumer needs across major urban centers. Complementary services include in-store prescription dispensing, compounding pharmacies and health screening programs such as blood pressure and glucose monitoring.

The company was formed in 2011 through the merger of two established Brazilian pharmacy chains, Drogasil and Droga Raia, each with origins dating back several decades.