Hypermarcas ( OTCMKTS:HYPMY – Get Free Report ) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 1,675 shares, a drop of 60.7% from the September 30th total of 4,266 shares. Based on an average trading volume of 1,020,623 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group raised shares of Hypermarcas to a “strong-buy” rating in a research report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy”.
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Hypermarcas Stock Performance
Shares of OTCMKTS HYPMY traded down $0.10 during mid-day trading on Friday, hitting $3.89. The company had a trading volume of 9,617 shares, compared to its average volume of 307,313. The stock’s 50-day moving average price is $4.66 and its 200-day moving average price is $4.43. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of 7.78 and...