Raia Drogasil S.A. (OTCMKTS:RADLY) Sees Large Decrease in Short Interest

Raia Drogasil S.A. (OTCMKTS:RADLY) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totalling 5,000 shares, a decline of 35.1% from the June 15th total of 7,700 shares. Based on an average daily trading volume, of 14,100 shares, the short-interest ratio is currently 0.4 days.

Raia Drogasil Stock Up 0.2 %

OTCMKTS:RADLY traded up $0.01 on Friday, reaching $4.40. 6 shares of the company’s stock were exchanged, compared to its average volume of 3,332. The business has a fifty day moving average of $4.79 and a 200-day moving average of $5.50. Raia Drogasil has a 52-week low of $3.87 and a 52-week high of $8.25.

Raia Drogasil Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, July 18th will be paid a dividend of $0.0059 per share. The ex-dividend date of this dividend is Thursday, July 18th.

Raia Drogasil Company Profile

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.