Short Interest in Cyrela Brazil Realty SA (OTCMKTS:CYRBY) Expands By 104.0%

Key Points

• Cyrela Brazil Realty SA's short interest surged by 104.0% in August, increasing from 2,500 shares to 5,100 shares.
• The company reported earnings of $0.19 per share for the quarter, alongside revenue of $371.89 million.
• As of now, Cyrela's stock is trading at $5.15, with a market capitalization of $1.98 billion and a PE ratio of 6.44.

Cyrela Brazil Realty SA (OTCMKTS:CYRBY - Get Free Report) was the recipient of a significant increase in short interest in August. As of August 15th, there was short interest totaling 5,100 shares, an increase of 104.0% from the July 31st total of 2,500 shares. Based on an average daily trading volume, of 4,200 shares, the short-interest ratio is presently 1.2 days. Based on an average daily trading volume, of 4,200 shares, the short-interest ratio is presently 1.2 days.

Cyrela Brazil Realty Trading Up 0.9%

CYRBY stock traded up $0.05 during midday trading on Wednesday, reaching $5.47. 67,609 shares of the company's stock traded hands, compared to its average volume of 14,381. The business has a 50-day moving average price of $4.71 and a two-hundred day moving average price of $4.43. Cyrela Brazil Realty has a fifty-two week low of $2.61 and a fifty-two week high of $5.50. The company has a debt-to-equity ratio of 0.21, a current ratio of 7.67 and a quick ratio of 7.67. The company has a market capitalization of $2.10 billion, a P/E ratio of 6.84 and a beta of 0.84.

Cyrela Brazil Realty (OTCMKTS:CYRBY - Get Free Report) last posted its earnings results on Thursday, August 14th. The company reported $0.19 EPS for the quarter. Cyrela Brazil Realty had a net margin of 19.65% and a return on equity of 16.52%. The business had revenue of $371.89 million for the quarter.

About Cyrela Brazil Realty

Cyrela Brazil Realty SA Empreendimentos e Participações develops and constructs residential properties in Brazil. It also provides real estate services, such as construction management and technical consultancy services. The company was founded in 1962 and is headquartered in São Paulo, Brazil.