Short Interest in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Decreases By 30.3%

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND - Get Free Report) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 58,300 shares, a decline of 30.3% from the March 15th total of 83,600 shares. Based on an average daily trading volume, of 42,200 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LND. BlackRock Inc. purchased a new position in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas in the 1st quarter valued at about $46,000. Renaissance Technologies LLC lifted its holdings in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas by 156.2% in the 1st quarter. Renaissance Technologies LLC now owns 78,900 shares of the company's stock valued at $533,000 after purchasing an additional 48,100 shares in the last quarter. Jane Street Group LLC purchased a new position in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas in the 2nd quarter valued at about $154,000. UBS Group AG purchased a new position in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas in the 3rd quarter valued at about $63,000. Finally, Creative Planning purchased a new position in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas in the 4th quarter valued at about $96,000. 1.15% of the stock is currently owned by hedge funds and other institutional investors.

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas Price Performance

Shares of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas stock traded down $0.14 on Friday, hitting $4.81. The company's stock had a trading volume of 53,644 shares, compared to its average volume of 42,220. BrasilAgro - Companhia Brasileira de Propriedades Agrícolas has a 52-week low of $4.49 and a 52-week high of $6.00. The company has a quick ratio of 1.55, a current ratio of 2.34 and a debt-to-equity ratio of 0.27. The firm has a fifty day moving average price of $4.84 and a 200-day moving average price of $5.07. The company has a market capitalization of $493.89 million, a P/E ratio of 9.08 and a beta of 0.85.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas from a "sell" rating to a "hold" rating in a research report on Tuesday, March 19th.

About BrasilAgro - Companhia Brasileira de Propriedades Agrícolas

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil and internationally. It operates through six segments: Real Estate, Grains, Sugarcane, livestock, Cotton, and Other.

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