Raia Drogasil S.A. (OTCMKTS:RADLY) Sees Large Decrease in Short Interest

Raia Drogasil S.A. (OTCMKTS:RADLY) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 23,400 shares, a decline of 16.4% from the January 31st total of 28,000 shares. Based on an average trading volume of 11,600 shares, the days-to-cover ratio is presently 2.0 days.

Raia Drogasil Trading Up 8.8 %

Shares of Raia Drogasil stock traded up $0.25 during trading on Wednesday, hitting $3.09. 3,368 shares of the company’s stock were exchanged, compared to its average volume of 8,734. The business has a 50-day simple moving average of $3.51 and a 200-day simple moving average of $4.25. Raia Drogasil has a 52-week low of $2.59 and a 52-week high of $14.00.

Raia Drogasil Company Profile

Raia Drogasil SA engages in the retail sale of medicines, perfumery, personal care and beauty products, cosmetics, dermocosmetics, and specialty medicines in Brazil. It also markets its goods through telesales and call centers in the states of São Paulo, Tocantins, and Pernambuco. The company was founded in 1905 and is headquartered in São Paulo, Brazil.