Oi S.A. (OTCMKTS:OIBRQ) Short Interest Update

Oi S.A. (OTCMKTS:OIBRQ) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 4,400 shares, a growth of 69.2% from the March 15th total of 2,600 shares. Based on an average trading volume of 23,700 shares, the short-interest ratio is presently 0.2 days.

OTCMKTS:OIBRQ traded down $0.01 during trading hours on Friday, reaching $0.39. The company had a trading volume of 14,140 shares, compared to its average volume of 16,972. The stock has a 50-day moving average of $0.39 and a two-hundred day moving average of $0.46. OI has a one year low of $0.12 and a one year high of $0.98. The firm has a market capitalization of $61.09 million, a PE ratio of -0.75 and a beta of 2.38. The company has a quick ratio of 1.47, a current ratio of 1.50 and a debt-to-equity ratio of 5.62.

About OI

Oi SA, a switched fixed-line telephony services concessionaire, provides integrated telecommunication services in Brazil. The company offers fixed telephony services, including voice, data communication, and pay TV services; local and intraregional long-distance carrier services; domestic and international long-distance services; and mobile voice and data telecommunications services, as well as value-added services.

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