Klabin SA (OTCMKTS:KLBAY) Short Interest Update

Klabin SA (OTCMKTS:KLBAY) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 29,127 shares, an increase of 88.4% from the May 14th total of 15,457 shares. Based on an average trading volume of 8,163 shares, the short-interest ratio is currently 3.6 days. Approximately 0.0% of the company’s shares are short sold.

Klabin Trading Up 4.5%

Shares of OTCMKTS KLBAY traded up $0.29 during midday trading on Friday, reaching $6.78. The company had a trading volume of 2,368 shares, compared to its average volume of 6,154. Klabin has a one year low of $5.98 and a one year high of $10.23. The stock has a market cap of $21.16 billion, a PE ratio of 27.42, a price-to-earnings-growth ratio of 0.92 and a beta of 0.66. The company has a quick ratio of 1.37, a current ratio of 1.78 and a debt-to-equity ratio of 2.01. The firm’s fifty day moving average price is $7.03 and its 200-day moving average price is $7.24.

Klabin Company Profile

Klabin SA is a Brazilian integrated paper and pulp company that develops, manufactures and sells a range of forest products and packaging solutions. Founded by the Klabin family in 1899 and headquartered in São Paulo, the company’s activities span forestry management, pulp and paper manufacturing, containerboard and corrugated packaging production, and recycling operations. Klabin supplies both industrial and consumer-oriented paper and packaging products, including kraftliner, corrugating medium, cartonboard and specialty papers used across multiple end markets.

As an integrated forest products company, Klabin manages planted timberlands and brings raw material through its own supply chain into pulping and papermaking facilities.