Cyrela Brazil Realty SA (OTCMKTS:CYRBY) Sees Large Decline in Short Interest

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 1,780 shares, a decline of 88.7% from the June 30th total of 15,753 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 16,616 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Cyrela Brazil Realty to a “hold” rating in a report on Tuesday, June 16th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Cyrela Brazil Realty Price Performance

OTCMKTS CYRBY opened at $4.59 on Monday. The business’s fifty day simple moving average is $4.42 and its 200-day simple moving average is $5.15. The company has a quick ratio of 9.04, a current ratio of 9.04 and a debt-to-equity ratio of 0.26. The firm has a market cap of $1.76 billion, a PE ratio of 4.99 and a beta of 0.56. Cyrela Brazil Realty has a 52 week low of $3.74 and a 52 week high of $7.92.

Cyrela Brazil Realty Company Profile

Cyrela Brazil Realty SA Empreendimentos e Participações is a leading Brazilian residential real estate developer. Founded in 1962 by Elie Horn and headquartered in São Paulo, the company has built a reputation for high-quality construction, innovative architectural design and sustainable building practices. It focuses primarily on luxury and mid-market housing projects, combining modern amenities with meticulous craftsmanship.

The company’s core activities encompass land acquisition, project design, construction management and sales of residential units such as condominiums, single-family homes and mixed-use developments.