Short Interest in Cyrela Brazil Realty SA (OTCMKTS:CYRBY) Rises By 398.2%

Cyrela Brazil Realty SA (OTCMKTS:CYRBYGet Free Report) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 8,868 shares, an increase of 398.2% from the July 15th total of 1,780 shares. Based on an average daily trading volume, of 10,290 shares, the short-interest ratio is currently 0.9 days. Approximately 0.0% of the shares of the company are short sold.

Cyrela Brazil Realty Price Performance

Shares of OTCMKTS:CYRBY traded down $0.14 during midday trading on Thursday, reaching $4.04. 1,626 shares of the company’s stock were exchanged, compared to its average volume of 8,695. The company has a debt-to-equity ratio of 0.26, a quick ratio of 9.04 and a current ratio of 9.04. The company’s 50 day simple moving average is $4.40 and its two-hundred day simple moving average is $5.08. Cyrela Brazil Realty has a 12 month low of $3.74 and a 12 month high of $7.92. The firm has a market capitalization of $1.55 billion, a PE ratio of 4.39 and a beta of 0.58.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Cyrela Brazil Realty to a “hold” rating in a research note on Tuesday, June 16th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Check Out Our Latest Research Report on CYRBY

Cyrela Brazil Realty Company Profile

(Get Free Report)

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.

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