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

Alvopetro Energy Ltd. (OTCMKTS:ALVOF) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 6,200 shares, a decline of 40.4% from the January 31st total of 10,400 shares. Based on an average daily trading volume, of 44,200 shares, the days-to-cover ratio is presently 0.1 days.

Alvopetro Energy Price Performance

ALVOF stock opened at $3.26 on Friday. Alvopetro Energy has a one year low of $2.85 and a one year high of $4.62. The company’s fifty day moving average price is $3.54 and its 200-day moving average price is $3.58. 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 company has a market capitalization of $118.80 million, a PE ratio of 8.36 and a beta of 0.07.

Alvopetro Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 11.04%. The ex-dividend date was Tuesday, December 31st. Alvopetro Energy’s dividend payout ratio (DPR) is presently 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.