Localiza Rent a Car S.A. (OTCMKTS:LZRFY) Short Interest Up 294.9% in January

Localiza Rent a Car S.A. (OTCMKTS:LZRFY) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 54,500 shares, an increase of 294.9% from the December 31st total of 13,800 shares. Based on an average daily volume of 138,900 shares, the short-interest ratio is presently 0.4 days.

Localiza Rent a Car Trading Up 2.4 %

Shares of Localiza Rent a Car stock traded up $0.13 during trading on Tuesday, reaching $5.61. The company’s stock had a trading volume of 80,073 shares, compared to its average volume of 111,134. The business’s 50-day moving average price is $5.70 and its 200-day moving average price is $7.01. Localiza Rent a Car has a 52 week low of $4.48 and a 52 week high of $12.65.

Localiza Rent a Car Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, December 23rd will be issued a $0.0582 dividend. The ex-dividend date of this dividend is Monday, December 23rd. Localiza Rent a Car’s dividend payout ratio is currently 13.86%.

About Localiza Rent a Car

Localiza Rent a Car SA engages in car and fleet rental business. The company is also involved in granting franchises; sale of decommissioned and used cars; provision of sundry automotive, and travel and tourism services; and managing claims for insurance companies, as well as provision of tracking and telemetry services.