Short Interest in Hypermarcas (OTCMKTS:HYPMY) Increases By 184.7%

Hypermarcas (OTCMKTS:HYPMY) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 9,271 shares, an increase of 184.7% from the July 30th total of 3,256 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 23,806 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group upgraded Hypermarcas to a “strong-buy” rating in a report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Hypermarcas Price Performance

OTCMKTS HYPMY opened at $4.12 on Friday. The company’s fifty day moving average is $4.11 and its two-hundred day moving average is $4.29. The firm has a market capitalization of $2.90 billion, a price-to-earnings ratio of 8.24 and a beta of 0.70. Hypermarcas has a 52-week low of $3.71 and a 52-week high of $5.50.

Hypermarcas (OTCMKTS:HYPMY) last announced its earnings results on Thursday, August 6th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.13 by $0.01. Hypermarcas had a net margin of 19.77% and a return on equity of 14.63%. As a group, sell-side analysts expect that Hypermarcas will post 0.53 earnings per share for the current fiscal year.

Hypermarcas Company Profile

Hypermarcas SA is a Brazil-based consumer health and pharmaceutical company whose shares trade over the counter in the United States under the symbol HYPMY. Founded in the early 2000s and headquartered in Rio de Janeiro, the company operates as a holding group for a broad portfolio of branded products in the healthcare and personal care sectors.

Through its various subsidiaries, Hypermarcas develops, manufactures and markets prescription and over-the-counter medications, alongside personal care, baby care, home care and nutritional supplement products.