Cyrela Brazil Realty S.A. Empreendimentos e Participações (OTCMKTS:CYRBY) Sees Significant Growth in Short Interest

Cyrela Brazil Realty S.A. Empreendimentos e Participações (OTCMKTS:CYRBY) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 5,900 shares, a growth of 20.4% from the March 31st total of 4,900 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 29.5 days.

Shares of OTCMKTS:CYRBY traded up $0.01 on Tuesday, hitting $4.31. 23 shares of the company were exchanged, compared to its average volume of 3,665. The stock’s 50 day moving average price is $4.49 and its 200 day moving average price is $4.90. The firm has a market capitalization of $1.72 billion, a P/E ratio of 16.58 and a beta of 0.94. Cyrela Brazil Realty S.A. Empreendimentos e Participações has a 1-year low of $2.08 and a 1-year high of $6.38.

The business also recently announced a dividend, which will be paid on Monday, January 10th. Investors of record on Tuesday, April 27th will be given a $0.189 dividend. This represents a dividend yield of 4.07%. The ex-dividend date is Monday, April 26th.

About Cyrela Brazil Realty S.A. Empreendimentos e Participações

Cyrela Brazil Realty SA Empreendimentos e Participações develops, constructs, sells, and services residential and commercial properties in Brazil. The company also engages in the leasing, management, and construction of properties; and the provision of consultancy services related to real estate. It offers properties under the Cyrela, Living, Vivaz, and Cyrela Urbanismo brand names.

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