Localiza Rent a Car S.A. (OTCMKTS:LZRFY) Short Interest Down 71.9% in April

Localiza Rent a Car S.A. (OTCMKTS:LZRFY – Get Free Report) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 19,323 shares, a drop of 71.9% from the April 15th total of 68,814 shares. Based on an average daily volume of 174,938 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Localiza Rent a Car to a “hold” rating in a report on Thursday, April 9th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

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Localiza Rent a Car Trading Up 2.5%

Shares of LZRFY stock traded up $0.22 during trading hours on Thursday, hitting $8.88. 3,803 shares of the company were exchanged, compared to its average volume of 43,588. The firm has a fifty day simple moving average of $9.46 and a 200 day simple moving average of $8.99. Localiza Rent a Car has a 52-week low of $5.98 and a 52-week high of $11.76.

Localiza Rent a Car Company Profile

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Localiza Rent a Car (OTCMKTS:LZRFY) is a leading mobility solutions provider headquartered in Belo Horizonte, Brazil. Founded in 1973, the company has built a strong reputation in the car rental industry, offering a broad range of services to both leisure and corporate customers. Over the decades, Localiza has expanded its footprint to become one of Latin America’s largest car rental and fleet management operators.

The company’s core activities include short- and long-term vehicle rentals, fleet management services and the sale of used vehicles.

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