Alvopetro Energy Ltd. (OTCMKTS:ALVOF) Sees Significant Growth in Short Interest

Posted by ABMN Staff on Mar 28th, 2025

Alvopetro Energy Ltd. (OTCMKTS:ALVOF – Get Free Report) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 24,500 shares, a growth of 580.6% from the February 28th total of 3,600 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 72,800 shares, the days-to-cover ratio is currently 0.3 days.

Alvopetro Energy Price Performance

Alvopetro Energy stock opened at $3.59 on Friday. 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 business has a 50 day simple moving average of $3.43 and a 200-day simple moving average of $3.53. Alvopetro Energy has a 12 month low of $2.85 and a 12 month high of $4.00. The stock has a market capitalization of $130.82 million, a PE ratio of 9.20 and a beta of 0.09.

Alvopetro Energy (OTCMKTS:ALVOF – Get Free Report) last released its earnings results on Tuesday, March 18th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.06). Alvopetro Energy had a return on equity of 27.00% and a net margin of 29.06%. The firm had revenue of $10.21 million during the quarter, compared to analyst estimates of $15.49 million.

Alvopetro Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 11.14%. The ex-dividend date is Monday, March 31st. Alvopetro Energy’s payout ratio is 93.02%.

About Alvopetro Energy

(Get Free Report)

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.