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

Klabin S.A. (OTCMKTS:KLBAY) was the recipient of a large drop in short interest during 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. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 6,000 shares, the days-to-cover ratio is currently 0.0 days.

Klabin Stock Performance

OTCMKTS KLBAY traded down $0.12 during trading on Friday, hitting $6.85. The company’s stock had a trading volume of 347 shares, compared to its average volume of 5,054. Klabin has a 52 week low of $6.05 and a 52 week high of $9.19. The firm has a market cap of $21.17 billion, a P/E ratio of 10.63, a price-to-earnings-growth ratio of 6.41 and a beta of 1.04. The firm has a 50 day moving average price of $7.18 and a 200 day moving average price of $7.32. The company has a quick ratio of 1.76, a current ratio of 2.30 and a debt-to-equity ratio of 2.92.

Klabin Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 10th were given a dividend of $0.0718 per share. The ex-dividend date was Monday, March 10th. Klabin’s dividend payout ratio (DPR) is currently 10.91%.

About Klabin

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.