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

Suzano S.A. (NYSE:SUZ) was the target of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 5,810,000 shares, a decline of 42.3% from the January 31st total of 10,070,000 shares. Based on an average daily trading volume, of 1,930,000 shares, the short-interest ratio is presently 3.0 days. Approximately 0.5% of the company’s stock are sold short.

Suzano Stock Down 1.6 %

Suzano stock traded down $0.16 during trading hours on Friday, hitting $9.62. The stock had a trading volume of 2,267,991 shares, compared to its average volume of 1,909,643. The company has a quick ratio of 1.40, a current ratio of 1.72 and a debt-to-equity ratio of 2.81. The stock has a market capitalization of $12.74 billion, a P/E ratio of 15.27 and a beta of 0.94. Suzano has a 12-month low of $8.78 and a 12-month high of $12.98. The stock’s 50-day moving average price is $10.25 and its 200-day moving average price is $10.16.

Suzano Cuts Dividend

The company also recently announced an annual dividend, which was paid on Friday, January 17th. Shareholders of record on Wednesday, December 18th were issued a $0.3366 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a yield of 1.6%. Suzano’s dividend payout ratio (DPR) is presently 41.27%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Point72 Asset Management L.P. purchased a new position in shares of Suzano during the third quarter valued at approximately $810,000. Constellation Investimentos e Participacoes Ltda raised its holdings in shares of Suzano by 132.3% during the fourth quarter. Constellation Investimentos e Participacoes Ltda now owns 428,400 shares of the company’s stock valued at $4,335,000 after purchasing an additional 244,000 shares during the last quarter. State Street Corp raised its holdings in shares of Suzano by 14.1% during the third quarter. State Street Corp now owns 4,597,801 shares of the company’s stock valued at $45,978,000 after purchasing an additional 568,618 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Suzano by 58.2% during the fourth quarter. GAMMA Investing LLC now owns 2,791 shares of the company’s stock valued at $28,000 after purchasing an additional 1,027 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Suzano during the third quarter valued at approximately $107,000. 2.55% of the stock is owned by hedge funds and other institutional investors.

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.