Raia Drogasil S.A. (OTCMKTS:RADLY) Sees Large Drop in Short Interest

Raia Drogasil S.A. (OTCMKTS:RADLY – Get Free Report) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 1,765 shares, a decline of 42.8% from the August 31st total of 3,087 shares. Based on an average daily trading volume, of 185,484 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Raia Drogasil Stock Down 0.0%

OTCMKTS:RADLY traded down $0.00 during mid-day trading on Wednesday, hitting $3.43. The stock had a trading volume of 58,586 shares, compared to its average volume of 72,956. The stock has a 50-day simple moving average of $3.68 and a two-hundred day simple moving average of $3.91. The company has a market capitalization of $4.51 billion and a PE ratio of 68.60. Raia Drogasil has a twelve month low of $3.08 and a twelve month high of $5.34. The company has a current ratio of 1.41, a quick ratio of 0.58 and a debt-to-equity ratio of 0.99.

Raia Drogasil (OTCMKTS:RADLY – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.05. Raia Drogasil had a net margin of 2.97% and a return on equity of 18.20%. The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.32 billion. On average, equities research analysts anticipate that Raia Drogasil will post 0.17 EPS for the current year.

About Raia Drogasil

(Get Free Report)

Raia Drogasil, now operating under the brand name RD Saúde, is a Brazilian healthcare and pharmacy retail company. It operates a nationwide network of pharmacies that sells prescription and over-the-counter medicines, personal-care products, cosmetics, health and wellness items, and convenience products.

The company also provides digital shopping and delivery services through its online channels, supporting customers with medication and health-related purchases. Its operations combine physical stores with e-commerce and other healthcare-related services, serving consumers throughout Brazil.

RD Saúde was formed in 2011 through the merger of Drogasil and Droga Raia, two pharmacy chains with roots dating back to the early twentieth century.

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