SLC Agrícola S.A. (OTCMKTS:SLCJY) Sees Significant Decline in Short Interest

SLC Agrícola S.A. (OTCMKTS:SLCJY) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totalling 11,300 shares, a decline of 22.6% from the May 31st total of 14,600 shares. Based on an average trading volume of 21,400 shares, the days-to-cover ratio is currently 0.5 days.

SLC Agrícola Stock Performance

Shares of SLCJY stock traded down $0.17 on Friday, hitting $3.15. The stock had a trading volume of 2,297 shares, compared to its average volume of 18,402. The business has a 50 day moving average price of $3.47 and a 200 day moving average price of $4.00. SLC Agrícola has a one year low of $3.11 and a one year high of $5.11.

SLC Agrícola Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, May 23rd. Investors of record on Friday, May 10th were issued a $0.1288 dividend. This is an increase from SLC Agrícola’s previous dividend of $0.01. The ex-dividend date was Thursday, May 9th. SLC Agrícola’s payout ratio is presently 60.47%.

SLC Agrícola Company Profile

SLC Agrícola SA produces and sells agricultural products in Brazil and internationally. The company cultivates soybean, corn, cotton, wheat, seed corn, popcorn corn, mung beans, and brachiaria crops, as well as produces and markets seeds and seedlings, including soybean, wheat, and cotton seeds. In addition, the company is involved in the cattle raising business; acquiring and developing land for agriculture; property rental; and agro-industrial activities of industrialization of sugar cane, alcohol, and related derivatives, as well as reception, cleaning, drying, and storing of cereals.