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

Alvopetro Energy Ltd. (OTCMKTS:ALVOF) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 51,300 shares, a drop of 49.3% from the December 31st total of 101,200 shares. Based on an average daily trading volume, of 20,400 shares, the days-to-cover ratio is currently 2.5 days.

Alvopetro Energy Stock Performance

Shares of ALVOF opened at $3.45 on Thursday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.10 and a quick ratio of 2.10. The firm has a market cap of $125.73 million, a PE ratio of 8.84 and a beta of 0.09. Alvopetro Energy has a 1 year low of $2.85 and a 1 year high of $4.98. The stock’s fifty day moving average price is $3.50 and its two-hundred day moving average price is $3.59.

Alvopetro Energy (OTCMKTS:ALVOF) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.19 EPS for the quarter. The business had revenue of $12.88 million for the quarter. Alvopetro Energy had a net margin of 29.06% and a return on equity of 27.00%.

Alvopetro Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.09 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.36 dividend on an annualized basis and a yield of 10.44%. Alvopetro Energy’s dividend payout ratio is 92.31%.

Alvopetro Energy Company Profile

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.