Cyrela Brazil Realty SA (OTCMKTS:CYRBY) Sees Significant Growth in Short Interest

Key Points

• Cyrela Brazil Realty SA experienced a dramatic increase in short interest by 500.0% in August, reaching a total of 30,600 shares by August 31st.
• The company's shares are currently valued at $5.48, with a market capitalization of $2.10 billion and a P/E ratio of 6.85.
• In its latest earnings report, Cyrela Brazil Realty reported $0.19 earnings per share and revenue of $371.89 million for the quarter ending August 14th.

Cyrela Brazil Realty SA (OTCMKTS:CYRBY - Get Free Report) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 30,600 shares, a growth of 500.0% from the August 15th total of 5,100 shares. Based on an average daily trading volume, of 38,200 shares, the short-interest ratio is presently 0.8 days. Approximately 0.0% of the company's stock are short sold. Approximately 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 38,200 shares, the short-interest ratio is presently 0.8 days.

Cyrela Brazil Realty Stock Up 3.7%

CYRBY traded up $0.21 on Tuesday, hitting $5.91. The company had a trading volume of 1,133 shares, compared to its average volume of 15,369. The stock has a fifty day simple moving average of $4.78 and a 200-day simple moving average of $4.48. Cyrela Brazil Realty has a 52-week low of $2.61 and a 52-week high of $5.99. The firm has a market capitalization of $2.27 billion, a P/E ratio of 7.39 and a beta of 0.84. The company has a debt-to-equity ratio of 0.21, a current ratio of 7.67 and a quick ratio of 7.67.

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