Klabin S.A. (OTCMKTS:KLBAY) Short Interest Update

Klabin S.A. (OTCMKTS:KLBAY) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 600 shares, a decline of 95.0% from the February 13th total of 12,100 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,700 shares, the short-interest ratio is presently 0.4 days.

Klabin Price Performance

Shares of KLBAY stock traded up $0.25 during trading hours on Friday, reaching $6.74. The company had a trading volume of 1,538 shares, compared to its average volume of 3,698. Klabin has a 12-month low of $6.05 and a 12-month high of $9.33. The company has a market capitalization of $20.81 billion, a price-to-earnings ratio of 10.45, a PEG ratio of 6.41 and a beta of 1.04. The company has a debt-to-equity ratio of 2.92, a quick ratio of 1.76 and a current ratio of 2.30. The stock has a fifty day moving average of $7.26 and a 200-day moving average of $7.40.

Klabin Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 10th will be paid a $0.0718 dividend. The ex-dividend date of this dividend is Monday, March 10th. Klabin’s dividend payout ratio (DPR) is presently 10.91%.

Klabin Company Profile

Klabin SA, together with its subsidiaries, produces and exports packaging paper and sustainable paper packaging solutions in Brazil and internationally. The company engages in the planting of pine and eucalyptus; and forestry management business. It also produces and sells hardwood (eucalyptus), softwood (pine), and fluffed pulp; and paperboard, sackraft, Kraftliner paper, and recycled paper.