Suzano S.A. (NYSE:SUZ) Short Interest Update

Suzano S.A. (NYSE:SUZ) was the recipient of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 1,420,000 shares, a drop of 22.4% from the November 15th total of 1,830,000 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 1,520,000 shares, the short-interest ratio is presently 0.9 days.

Suzano Stock Down 1.4 %

Shares of SUZ traded down $0.15 during mid-day trading on Friday, reaching $10.31. 2,057,596 shares of the stock traded hands, compared to its average volume of 1,826,340. Suzano has a 12-month low of $8.78 and a 12-month high of $12.98. The firm has a market cap of $13.65 billion, a price-to-earnings ratio of 16.37 and a beta of 0.95. The company has a quick ratio of 1.70, a current ratio of 2.17 and a debt-to-equity ratio of 1.92. The stock has a fifty day simple moving average of $10.28 and a 200 day simple moving average of $9.87.

Suzano Cuts Dividend

The business also recently declared an annual dividend, which will be paid on Friday, January 17th. Stockholders of record on Wednesday, December 18th will be paid a $0.3366 dividend. This represents a dividend yield of 1.6%. The ex-dividend date is Wednesday, December 18th. Suzano’s dividend payout ratio is currently 42.86%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SUZ. Caprock Group LLC increased its holdings in shares of Suzano by 11.1% in the 3rd quarter. Caprock Group LLC now owns 11,178 shares of the company’s stock valued at $112,000 after purchasing an additional 1,119 shares during the period. Creative Planning lifted its stake in Suzano by 4.7% in the second quarter. Creative Planning now owns 47,191 shares of the company’s stock valued at $485,000 after acquiring an additional 2,128 shares during the last quarter. Quantinno Capital Management LP grew its position in Suzano by 20.0% in the third quarter. Quantinno Capital Management LP now owns 15,013 shares of the company’s stock worth $150,000 after acquiring an additional 2,504 shares in the last quarter. Waldron Private Wealth LLC acquired a new position in Suzano during the third quarter worth $25,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Suzano during the third quarter worth approximately $107,000. Institutional investors and hedge funds own 2.55% of the company’s stock.

Suzano Company Profile

Suzano SA produces and sells eucalyptus pulp and paper products in Brazil and internationally. It operates through Pulp and Paper segments. The company offers coated and uncoated printing and writing papers, paperboards, tissue papers, and market and fluff pulps; and lignin. It also engages in the research, development, and production of biofuel; operation of port terminals; power generation and distribution business; commercialization of equipment and parts; industrialization, commercialization, and exporting of pulp and standing wood; road freight transport; biotechnology research and development; and commercialization of paper and computer materials.