Alvopetro Energy Ltd. (OTCMKTS:ALVOF) Short Interest Up 580.6% in March

Posted by Jeff Wilder on Mar 27th, 2025

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

Alvopetro Energy Trading Down 0.3 %

ALVOF stock opened at $3.57 on Thursday. Alvopetro Energy has a 52-week low of $2.85 and a 52-week high of $4.00. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.08. The firm has a market cap of $130.09 million, a P/E ratio of 9.15 and a beta of 0.09. The company’s 50-day simple moving average is $3.43 and its 200-day simple moving average is $3.53.

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

Alvopetro Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.10 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.40 dividend on an annualized basis and a yield of 11.20%. Alvopetro Energy’s dividend payout ratio is currently 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.