Short Interest in Cyrela Brazil Realty SA (OTCMKTS:CYRBY) Expands By 642.7%

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 65,867 shares, a growth of 642.7% from the July 30th total of 8,868 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 23,906 shares, the short-interest ratio is currently 2.8 days.

Cyrela Brazil Realty Stock Performance

CYRBY opened at $4.90 on Thursday. Cyrela Brazil Realty has a 12-month low of $3.65 and a 12-month high of $7.92. The company has a current ratio of 9.04, a quick ratio of 9.04 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $1.88 billion, a PE ratio of 5.21 and a beta of 0.58. The firm has a 50 day moving average of $4.38 and a two-hundred day moving average of $4.94.

Wall Street Analyst Weigh In

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

About Cyrela Brazil Realty

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.