Localiza Rent a Car S.A. (OTCMKTS:LZRFY) Short Interest Update

Localiza Rent a Car S.A. (OTCMKTS:LZRFY) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 13,800 shares, an increase of 1,871.4% from the November 30th total of 700 shares. Based on an average daily trading volume, of 80,900 shares, the short-interest ratio is presently 0.2 days.

Localiza Rent a Car Stock Up 1.9 %

OTCMKTS LZRFY traded up $0.10 during trading hours on Friday, reaching $5.37. 117,083 shares of the company’s stock were exchanged, compared to its average volume of 36,900. The firm has a fifty day moving average of $6.67 and a 200-day moving average of $7.51. Localiza Rent a Car has a one year low of $4.48 and a one year high of $13.80.

Localiza Rent a Car Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, December 23rd will be given a dividend of $0.0582 per share. The ex-dividend date is Monday, December 23rd. Localiza Rent a Car’s dividend payout ratio is 13.86%.

Localiza Rent a Car Company Profile

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.