Cyrela Brazil Realty SA (OTCMKTS:CYRBY) Short Interest Down 88.7% in July

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) was the recipient of a significant decrease in short interest in 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. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 16,616 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

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

Cyrela Brazil Realty Stock Performance

Shares of OTCMKTS CYRBY traded up $0.39 during mid-day trading on Friday, reaching $4.59. 787 shares of the company were exchanged, compared to its average volume of 5,220. The stock has a market capitalization of $1.76 billion, a P/E ratio of 4.99 and a beta of 0.56. The company has a quick ratio of 9.04, a current ratio of 9.04 and a debt-to-equity ratio of 0.26. The company’s 50-day simple moving average is $4.42 and its 200-day simple moving average is $5.15. Cyrela Brazil Realty has a twelve month low of $3.74 and a twelve 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.