Cyrela Brazil Realty SA (OTCMKTS:CYRBY) Short Interest Down 88.7% in July

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1,780 shares, a decrease of 88.7% from the June 30th total of 15,753 shares. Based on an average daily trading volume, of 16,616 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Cyrela Brazil Realty to a “hold” rating in a research report on Tuesday, June 16th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Cyrela Brazil Realty currently has an average rating of “Hold”.

Cyrela Brazil Realty Stock Performance

Shares of CYRBY stock opened at $4.59 on Friday. The company has a current ratio of 9.04, a quick ratio of 9.04 and a debt-to-equity ratio of 0.26. The stock has a 50 day simple moving average of $4.42 and a 200-day simple moving average of $5.15. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 4.99 and a beta of 0.56. Cyrela Brazil Realty has a 12-month low of $3.74 and a 12-month high of $7.92.

About Cyrela Brazil Realty

Cyrela Brazil Realty SA Empreendimentos e Participações is a leading Brazilian residential real estate developer. Founded in 1962 by Elie Horn and headquartered in São Paulo, the company has built a reputation for high-quality construction, innovative architectural design and sustainable building practices. It focuses primarily on luxury and mid-market housing projects, combining modern amenities with meticulous craftsmanship.

The company’s core activities encompass land acquisition, project design, construction management and sales of residential units such as condominiums, single-family homes and mixed-use developments.