Cyrela Brazil Realty SA (OTCMKTS:CYRBY) Short Interest Down 88.7% in July
by Amy Steele · The Cerbat GemCyrela Brazil Realty SA (OTCMKTS:CYRBY – Get Free Report) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1,780 shares, a decrease of 88.7% from the June 30th total of 15,753 shares. Based on an average daily trading volume, of 16,616 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Cyrela Brazil Realty to a “hold” rating in a research report on Tuesday, June 16th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Cyrela Brazil Realty currently has an average rating of “Hold”.
Check Out Our Latest Analysis on CYRBY
Cyrela Brazil Realty Stock Performance
Shares of CYRBY stock opened at $4.59 on Friday. The company has a current ratio of 9.04, a quick ratio of 9.04 and a debt-to-equity ratio of 0.26. The stock has a 50 day simple moving average of $4.42 and a 200-day simple moving average of $5.15. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 4.99 and a beta of 0.56. Cyrela Brazil Realty has a 12-month low of $3.74 and a 12-month high of $7.92.
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.