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

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

Suzano Stock Performance

SUZ stock traded down $0.03 on Friday, hitting $10.04. The company’s stock had a trading volume of 1,658,330 shares, compared to its average volume of 1,828,752. The company has a current ratio of 2.17, a quick ratio of 1.70 and a debt-to-equity ratio of 1.92. The stock has a market cap of $13.29 billion, a price-to-earnings ratio of 15.94 and a beta of 0.95. Suzano has a 1 year low of $8.78 and a 1 year high of $12.98. The firm has a 50 day moving average of $10.33 and a two-hundred day moving average of $9.93.

Suzano Cuts Dividend

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

Hedge Funds Weigh In On Suzano

Large investors have recently bought and sold shares of the company. Caprock Group LLC lifted 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 buying an additional 1,119 shares during the period. Creative Planning boosted its position in shares of Suzano by 4.7% during the 2nd quarter. Creative Planning now owns 47,191 shares of the company’s stock worth $485,000 after purchasing an additional 2,128 shares in the last quarter. Quantinno Capital Management LP grew its stake in shares of Suzano by 20.0% during the 3rd quarter. Quantinno Capital Management LP now owns 15,013 shares of the company’s stock worth $150,000 after purchasing an additional 2,504 shares during the period. Waldron Private Wealth LLC acquired a new position in shares of Suzano during the 3rd quarter worth $25,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Suzano in the third quarter valued at about $107,000. Hedge funds and other institutional investors 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.