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

Klabin S.A. (OTCMKTS:KLBAY) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a drop of 66.7% from the February 28th total of 600 shares. Based on an average daily trading volume, of 6,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Klabin Stock Up 2.7 %

Klabin stock opened at $6.97 on Thursday. The stock has a market cap of $21.54 billion, a PE ratio of 10.81, a P/E/G ratio of 6.41 and a beta of 1.04. Klabin has a 1-year low of $6.05 and a 1-year high of $9.19. The company has a debt-to-equity ratio of 2.92, a current ratio of 2.30 and a quick ratio of 1.76. The stock’s fifty day moving average is $7.19 and its two-hundred day moving average is $7.32.

Klabin Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 10th were paid a $0.0718 dividend. The ex-dividend date was 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.