Localiza Rent a Car S.A. (OTCMKTS:LZRFY) Short Interest Update

Localiza Rent a Car S.A. (OTCMKTS:LZRFY) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 13,800 shares, an increase of 1,871.4% from the November 30th total of 700 shares. Based on an average daily trading volume, of 80,900 shares, the short-interest ratio is currently 0.2 days.

Localiza Rent a Car Stock Performance

OTCMKTS LZRFY traded up $0.10 during trading hours on Friday, hitting $5.37. 117,083 shares of the company traded hands, compared to its average volume of 36,900. Localiza Rent a Car has a twelve month low of $4.48 and a twelve month high of $13.80. The business’s 50-day moving average is $6.67 and its 200-day moving average is $7.51.

Localiza Rent a Car Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, December 23rd will be issued a $0.0582 dividend. The ex-dividend date of this dividend is Monday, December 23rd. Localiza Rent a Car’s payout ratio is presently 13.86%.

Localiza Rent a Car Company Profile

Localiza Rent a Car SA engages in car and fleet rental business. The company is also involved in granting franchises; sale of decommissioned and used cars; provision of sundry automotive, and travel and tourism services; and managing claims for insurance companies, as well as provision of tracking and telemetry services.