Short Interest in Raia Drogasil S.A. (OTCMKTS:RADLY) Rises By 1,671.0%

Raia Drogasil S.A. (OTCMKTS:RADLY) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 40,911 shares, a growth of 1,671.0% from the November 30th total of 2,310 shares. Based on an average trading volume of 38,655 shares, the days-to-cover ratio is currently 1.1 days. Based on an average trading volume of 38,655 shares, the days-to-cover ratio is currently 1.1 days.

Raia Drogasil Stock Performance

OTCMKTS:RADLY traded up $0.13 during trading hours on Wednesday, hitting $4.72. The company’s stock had a trading volume of 1,658 shares, compared to its average volume of 20,365. Raia Drogasil has a 52-week low of $2.17 and a 52-week high of $4.85. The stock has a fifty day moving average of $4.13 and a 200-day moving average of $3.44.

Raia Drogasil Company Profile

Raia Drogasil SA is a leading Brazilian retail pharmacy operator, offering a comprehensive range of prescription and over-the-counter medications, health and wellness products, personal care and beauty items, as well as a selection of convenience goods. The company’s network of stores operates under the Raia and Drogasil banners, serving diverse consumer needs across major urban centers. Complementary services include in-store prescription dispensing, compounding pharmacies and health screening programs such as blood pressure and glucose monitoring.

The company was formed in 2011 through the merger of two established Brazilian pharmacy chains, Drogasil and Droga Raia, each with origins dating back several decades.