Short Interest in Raia Drogasil S.A. (OTCMKTS:RADLY) Declines By 27.4%

Raia Drogasil S.A. (OTCMKTS:RADLY) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 19,900 shares, a decrease of 27.4% from the February 28th total of 27,400 shares. Based on an average daily volume of 8,600 shares, the days-to-cover ratio is presently 2.3 days.

Raia Drogasil Stock Up 5.9 %

Shares of OTCMKTS:RADLY traded up $0.20 during midday trading on Monday, reaching $3.50. The company’s stock had a trading volume of 159 shares, compared to its average volume of 6,990. Raia Drogasil has a 12-month low of $2.59 and a 12-month high of $14.00. The firm has a 50 day moving average of $3.38 and a 200-day moving average of $4.01.

About Raia Drogasil

Raia Drogasil SA engages in the retail sale of medicines, perfumery, personal care and beauty products, cosmetics, dermocosmetics, and specialty medicines in Brazil. It also markets its goods through telesales and call centers in the states of São Paulo, Tocantins, and Pernambuco. The company was founded in 1905 and is headquartered in São Paulo, Brazil.