Lavoro Limited (NASDAQ:LVRO) Short Interest Down 39.5% in January

Lavoro Limited (NASDAQ:LVRO) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 326,960 shares, a drop of 39.5% from the January 15th total of 540,653 shares. Based on an average trading volume of 639,114 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 639,114 shares, the days-to-cover ratio is currently 0.5 days.

Lavoro Stock Down 4.1%

Shares of LVRO traded down $0.04 during trading hours on Friday, reaching $0.98. 108,997 shares of the company traded hands, compared to its average volume of 342,589. Lavoro has a 12 month low of $0.19 and a 12 month high of $5.40. The company’s fifty day moving average price is $0.91 and its two-hundred day moving average price is $1.31. The company has a market capitalization of $114.04 million, a price-to-earnings ratio of -0.62 and a beta of 0.56.

Lavoro Company Profile

Lavoro Limited operates as an agricultural inputs retailer. The company operates through three segments: Brazil Cluster, LATAM Cluster, and Crop Care Cluster. It distributes agricultural inputs, such as crop protection, seeds, fertilizers, foliar fertilizers, biologicals, adjuvants, organominerals, and others for the agricultural industry. The company also produces specialty fertilizers, crop protection products, and biological crop inputs. It operates in Brazil, Colombia, and Uruguay. The company sells its products through its physical stores and digital channel.