Gafisa SA (OTCMKTS:GFASY – Get Free Report) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 267 shares, a drop of 80.5% from the July 30th total of 1,371 shares. Based on an average trading volume of 6,452 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.
Gafisa Price Performance
Shares of OTCMKTS:GFASY remained flat at $0.03 during midday trading on Wednesday. The stock had a trading volume of 4,540 shares, compared to its average volume of 3,693. Gafisa has a 12 month low of $0.01 and a 12 month high of $0.57. The stock has a fifty day moving average of $0.20 and a 200 day moving average of $0.19.
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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