Short Interest in Cielo S.A. (OTCMKTS:CIOXY) Rises By 1,900.0%

Cielo S.A. (OTCMKTS:CIOXY – Get Rating) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 2,000 shares, a growth of 1,900.0% from the April 30th total of 100 shares. Based on an average trading volume of 145,800 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded Cielo from a “neutral” rating to a “buy” rating in a research note on Monday, February 6th.

Cielo Stock Down 0.9 %

Cielo stock opened at $0.94 on Friday. The stock has a 50-day moving average price of $0.96 and a 200 day moving average price of $0.93. The company has a market capitalization of $2.55 billion, a price-to-earnings ratio of 15.86, a price-to-earnings-growth ratio of 0.38 and a beta of 0.89. Cielo has a 52 week low of $0.63 and a 52 week high of $1.18.

Cielo Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, May 25th. Shareholders of record on Monday, May 8th were paid a dividend of $0.0095 per share. This represents a yield of 4.2%. The ex-dividend date was Friday, May 5th. Cielo’s payout ratio is 66.68%.

Cielo Company Profile

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Cielo SA engages in the provision of payment processing solutions. The firm provides services related to credit and debit cards and other means of payment, including signing up of merchants and service providers, rental, installation and maintenance of POS (point-of-sale) terminals, data capture and processing of electronic and manual transactions, as well as the issuance and management of payment accounts.