Short Interest in Raia Drogasil S.A. (OTCMKTS:RADLY) Declines By 41.1%

Raia Drogasil S.A. (OTCMKTS:RADLY) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 9,369 shares, a decrease of 41.1% from the December 31st total of 15,915 shares. Based on an average trading volume of 8,152 shares, the short-interest ratio is presently 1.1 days. Based on an average trading volume of 8,152 shares, the short-interest ratio is presently 1.1 days.

Raia Drogasil Trading Up 0.4%

Raia Drogasil stock opened at $4.81 on Friday. Raia Drogasil has a 12-month low of $2.17 and a 12-month high of $4.88. The firm has a 50 day simple moving average of $4.50 and a 200-day simple moving average of $3.78.

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.