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

Raia Drogasil S.A. (OTCMKTS:RADLY) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 27,400 shares, an increase of 17.1% from the February 13th total of 23,400 shares. Based on an average trading volume of 4,900 shares, the short-interest ratio is presently 5.6 days.

Raia Drogasil Trading Up 8.5 %

Shares of OTCMKTS:RADLY opened at $3.33 on Friday. Raia Drogasil has a 1 year low of $2.59 and a 1 year high of $14.00. The business has a fifty day simple moving average of $3.40 and a 200 day simple moving average of $4.09.

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.