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

Alvopetro Energy Ltd. (OTCMKTS:ALVOF) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 3,600 shares, a decline of 41.9% from the February 13th total of 6,200 shares. Based on an average daily trading volume, of 20,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Alvopetro Energy Stock Performance

OTCMKTS:ALVOF opened at $3.20 on Friday. The company’s 50-day moving average is $3.47 and its two-hundred day moving average is $3.55. Alvopetro Energy has a 1-year low of $2.85 and a 1-year high of $4.13. 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 capitalization of $116.61 million, a price-to-earnings ratio of 8.21 and a beta of 0.09.

Alvopetro Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given 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 11.25%. Alvopetro Energy’s dividend payout ratio is currently 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.