Localiza Rent a Car S.A. (OTCMKTS:LZRFY) Stock Short Interest Report for October

Localiza Rent a Car S.A. (OTCMKTS:LZRFY) was the target of a large drop in short interest in October. As of October 30th, there was short interest totaling 2,063 shares, a drop of 92.0% from the October 15th total of 25,896 shares. Based on an average daily volume of 149,362 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Localiza Rent a Car from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 14th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Localiza Rent a Car Trading Down 8.1%

Localiza Rent a Car stock traded down $0.47 during midday trading on Tuesday, reaching $5.32. 48,098 shares of the stock traded hands, compared to its average volume of 46,552. Localiza Rent a Car has a 12-month low of $4.95 and a 12-month high of $11.76. The company has a 50-day simple moving average of $7.90 and a two-hundred day simple moving average of $8.42. The firm has a market cap of $5.64 billion and a PE ratio of 8.87. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.48.

Localiza Rent a Car Company Profile

Localiza Rent a Car S.A. is a Brazil-based mobility company that provides vehicle rental and transportation-related services through the Localiza brand. Its core business includes short-term car rentals for individual, business, and leisure customers, supported by a broad network of rental locations serving major airports, cities, and travel destinations. The company also operates in fleet management and long-term vehicle rentals, providing vehicles and related services to corporate customers. Through Localiza Seminovos, it sells previously rented vehicles and other used cars.