Alvopetro Energy Ltd. (OTCMKTS:ALVOF) Short Interest Update

Alvopetro Energy Ltd. (OTCMKTS:ALVOF) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 33,300 shares, an increase of 18.5% from the October 31st total of 28,100 shares. Based on an average trading volume of 31,600 shares, the short-interest ratio is presently 1.1 days.

Alvopetro Energy Stock Performance

Shares of OTCMKTS ALVOF opened at $3.09 on Monday. Alvopetro Energy has a 1 year low of $2.85 and a 1 year high of $5.56. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.10 and a current ratio of 2.10. The stock has a fifty day moving average price of $3.57 and a two-hundred day moving average price of $3.58. The firm has a market cap of $112.96 million, a P/E ratio of 7.92 and a beta of 0.22.

Alvopetro Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.36 annualized dividend and a dividend yield of 11.65%. Alvopetro Energy’s dividend payout ratio (DPR) is 92.31%.

About Alvopetro Energy

Alvopetro Energy Ltd. operates as an independent upstream and midstream operator. It engages in the acquisition, exploration, development, and production of hydrocarbons. The company holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil.