Gafisa SA (OTCMKTS:GFASY – Get Free Report) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 2,054 shares, an increase of 663.6% from the April 15th total of 269 shares. Based on an average daily volume of 333 shares, the short-interest ratio is presently 6.2 days. Approximately 0.0% of the shares of the stock are short sold.
Gafisa Stock Performance
Shares of GFASY stock remained flat at $0.15 during trading hours on Wednesday. The stock had a trading volume of 3 shares, compared to its average volume of 214. Gafisa has a 1 year low of $0.02 and a 1 year high of $1.00. The business has a 50 day simple moving average of $0.14 and a 200-day simple moving average of $0.13.
About Gafisa
Gafisa SA is a Brazil-based real estate development company founded in 1954 and headquartered in São Paulo. The company is principally engaged in the development, construction and sale of residential properties. It operates across multiple stages of the real estate value chain, including land acquisition, project design, construction management, sales and marketing, and post-sales customer service.
Gafisa’s core offerings focus on medium- and high-income residential segments, with a portfolio that includes mid-rise and high-rise apartment complexes, condominiums and mixed-use developments.
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