Short Interest in Cyrela Brazil Realty SA (OTCMKTS:CYRBY) Expands By 398.2%

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 8,868 shares, a growth of 398.2% from the July 15th total of 1,780 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 10,290 shares, the short-interest ratio is currently 0.9 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Cyrela Brazil Realty to a “hold” rating in a research note on Tuesday, June 16th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Cyrela Brazil Realty presently has a consensus rating of “Hold”.

Cyrela Brazil Realty Trading Down 2.1%

Shares of OTCMKTS CYRBY opened at $4.59 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 9.04 and a current ratio of 9.04. The business’s 50 day moving average price is $4.40 and its 200-day moving average price is $5.09. Cyrela Brazil Realty has a fifty-two week low of $3.74 and a fifty-two week high of $7.92. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 4.99 and a beta of 0.58.

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.