Raia Drogasil S.A. (OTCMKTS:RADLY) Short Interest Down 41.1% in January

Raia Drogasil S.A. (OTCMKTS:RADLY) was the target of a large decrease in short interest in 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 daily trading volume, of 8,152 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 8,152 shares, the short-interest ratio is currently 1.1 days.

Raia Drogasil Stock Performance

Raia Drogasil stock opened at $4.71 on Friday. The stock’s 50 day moving average price is $4.51 and its 200 day moving average price is $3.80. Raia Drogasil has a 1-year low of $2.17 and a 1-year high of $4.88.

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.