Cosan S.A. (NYSE:CSAN) Short Interest Update

Cosan S.A. (NYSE:CSAN - Get Free Report) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 1,360,000 shares, a drop of 52.9% from the March 31st total of 2,890,000 shares. Based on an average trading volume of 1,220,000 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the shares of the stock are sold short.

Cosan Price Performance

Shares of NYSE CSAN traded up $0.05 during mid-day trading on Monday, reaching $5.46. The company's stock had a trading volume of 1,137,106 shares, compared to its average volume of 791,176. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.86 and a quick ratio of 1.73. Cosan has a 52 week low of $4.31 and a 52 week high of $11.75. The stock has a fifty day moving average of $5.07 and a two-hundred day moving average of $6.01. The firm has a market capitalization of $2.55 billion, a PE ratio of 4.14, a P/E/G ratio of 3.94 and a beta of 1.11.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Itau Unibanco Holding S.A. raised its position in shares of Cosan by 28.3% during the fourth quarter. Itau Unibanco Holding S.A. now owns 1,452,659 shares of the company's stock valued at $7,670,000 after buying an additional 320,000 shares during the last quarter. Moon Capital Management LP increased its holdings in Cosan by 32.5% in the 4th quarter. Moon Capital Management LP now owns 1,217,023 shares of the company's stock valued at $6,621,000 after acquiring an additional 298,593 shares during the last quarter. Citadel Advisors LLC lifted its stake in Cosan by 1,204.6% in the 4th quarter. Citadel Advisors LLC now owns 498,181 shares of the company's stock worth $2,710,000 after purchasing an additional 459,995 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in shares of Cosan by 826.8% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 441,414 shares of the company's stock valued at $2,401,000 after purchasing an additional 393,784 shares during the last quarter. Finally, Millennium Management LLC grew its position in shares of Cosan by 142.8% during the fourth quarter. Millennium Management LLC now owns 364,718 shares of the company's stock valued at $1,984,000 after purchasing an additional 214,485 shares in the last quarter.

Cosan Company Profile

Cosan SA engages in the fuel distribution business. It operates through Raízen, Compass, Moove, Rumo, and Radar segments. The company's Raízen segment engages in the production, commercialization, origination, and trading of ethanol, bioenergy, renewable sources, and sugar; trading and resale of electricity; and distribution and commercialization of fuels and lubricants.

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