Alvopetro Energy Ltd. (OTCMKTS:ALVOF - Get Free Report) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 101,200 shares, a growth of 66.7% from the November 30th total of 60,700 shares. Based on an average daily trading volume, of 139,800 shares, the short-interest ratio is currently 0.7 days.
Alvopetro Energy Trading Up 3.4 %
Shares of ALVOF stock traded up $0.12 on Friday, hitting $3.60. The company had a trading volume of 10,785 shares, compared to its average volume of 19,494. Alvopetro Energy has a twelve month low of $2.85 and a twelve month high of $5.09. 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 firm has a market cap of $131.43 million, a P/E ratio of 9.23 and a beta of 0.14. The stock's 50-day moving average is $3.45 and its two-hundred day moving average is $3.55.
Alvopetro Energy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 10.00%. The ex-dividend date of this dividend is Tuesday, December 31st. Alvopetro Energy's dividend payout ratio is presently 92.31%.
About Alvopetro Energy
(
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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.
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