Raia Drogasil S.A. (OTCMKTS:RADLY) Short Interest Down 45.9% in June

Raia Drogasil S.A. (OTCMKTS:RADLY) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 5,594 shares, a drop of 45.9% from the May 31st total of 10,333 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 125,379 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Raia Drogasil to a “hold” rating in a report on Thursday, April 9th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Raia Drogasil Price Performance

RADLY opened at $3.31 on Tuesday. The company has a 50-day moving average of $3.88 and a 200-day moving average of $4.39. Raia Drogasil has a 1-year low of $2.25 and a 1-year high of $5.34.

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.