Localiza Rent a Car S.A. (OTCMKTS:LZRFY) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 9,600 shares, an increase of 100.0% from the December 15th total of 4,800 shares. Based on an average daily volume of 8,300 shares, the days-to-cover ratio is presently 1.2 days.

Localiza Rent a Car stock traded up $0.19 during mid-day trading on Wednesday, hitting $13.41. The company had a trading volume of 2,285 shares, compared to its average volume of 17,823. Localiza Rent a Car has a 12 month low of $4.02 and a 12 month high of $20.74. The stock’s 50 day moving average price is $12.95 and its two-hundred day moving average price is $10.69.

Localiza Rent a Car Company Profile

Localiza Rent a Car SA engages in car rental and franchising activities. The company is also involved in selling decommissioned cars; providing car parking services; and managing car-related claims for insurance companies. As of September 30, 2020, it operated a fleet of 279,885 cars; and 603 car rental locations in Brazil and internationally.

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