Suzano S.A. (NYSE:SUZ) Short Interest Up 54.2% in December

Suzano S.A. (NYSE:SUZ) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 2,190,000 shares, a growth of 54.2% from the November 30th total of 1,420,000 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 1,610,000 shares, the short-interest ratio is presently 1.4 days.

Institutional Trading of Suzano

Several hedge funds have recently bought and sold shares of SUZ. Atlas FRM LLC increased its stake in Suzano by 73.0% in the 2nd quarter. Atlas FRM LLC now owns 12,320,000 shares of the company’s stock valued at $126,526,000 after buying an additional 5,200,000 shares during the last quarter. State Street Corp lifted its position 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 worth $45,978,000 after acquiring an additional 568,618 shares in the last quarter. Kapitalo Investimentos Ltda boosted its holdings in shares of Suzano by 152.9% in the third quarter. Kapitalo Investimentos Ltda now owns 3,538,724 shares of the company’s stock worth $35,387,000 after acquiring an additional 2,139,719 shares during the period. Marshall Wace LLP purchased a new position in shares of Suzano in the second quarter valued at $9,310,000. Finally, Sagil Capital LLP purchased a new position in Suzano during the second quarter valued at approximately $6,324,000. Institutional investors and hedge funds own 2.55% of the company’s stock.

Suzano Stock Up 0.3 %

Shares of Suzano stock traded up $0.03 during trading on Monday, reaching $10.07. 1,184,448 shares of the company traded hands, compared to its average volume of 1,826,185. The company has a debt-to-equity ratio of 1.92, a current ratio of 2.17 and a quick ratio of 1.70. The firm has a market capitalization of $13.33 billion, a PE ratio of 15.98 and a beta of 0.95. The company has a 50 day moving average price of $10.33 and a 200-day moving average price of $9.94. Suzano has a 1-year low of $8.78 and a 1-year high of $12.98.

Suzano Cuts Dividend

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

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.