Short Interest in Suzano S.A. Sponsored ADR (NYSE:SUZ) Increases By 31.4%

Suzano S.A. Sponsored ADR (NYSE:SUZ - Get Free Report) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 4,100,000 shares, a growth of 31.4% from the May 15th total of 3,120,000 shares. Currently, 0.3% of the company's shares are short sold. Based on an average daily volume of 1,980,000 shares, the days-to-cover ratio is presently 2.1 days.

Institutional Trading of Suzano

Several large investors have recently modified their holdings of SUZ. Financial Management Professionals Inc. acquired a new stake in shares of Suzano during the 1st quarter worth approximately $28,000. Lindbrook Capital LLC grew its position in shares of Suzano by 69.2% during the 4th quarter. Lindbrook Capital LLC now owns 3,004 shares of the company's stock worth $30,000 after buying an additional 1,229 shares during the period. Blue Trust Inc. grew its position in shares of Suzano by 222.7% during the 4th quarter. Blue Trust Inc. now owns 6,592 shares of the company's stock worth $67,000 after buying an additional 4,549 shares during the period. Signaturefd LLC grew its position in shares of Suzano by 28.9% during the 4th quarter. Signaturefd LLC now owns 7,969 shares of the company's stock worth $81,000 after buying an additional 1,787 shares during the period. Finally, US Bancorp DE grew its position in shares of Suzano by 20.3% during the 4th quarter. US Bancorp DE now owns 9,177 shares of the company's stock worth $93,000 after buying an additional 1,547 shares during the period. Institutional investors and hedge funds own 2.55% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on SUZ shares. UBS Group raised shares of Suzano to a "strong-buy" rating in a research report on Thursday, April 10th. The Goldman Sachs Group raised shares of Suzano from a "neutral" rating to a "buy" rating in a research report on Friday, June 13th.

Suzano Trading Down 1.7%

NYSE:SUZ traded down $0.17 on Friday, reaching $9.41. 1,174,533 shares of the stock traded hands, compared to its average volume of 1,791,929. The firm has a market capitalization of $12.45 billion, a price-to-earnings ratio of -67.17, a price-to-earnings-growth ratio of 0.10 and a beta of 0.92. The company's 50 day moving average is $9.20 and its 200-day moving average is $9.69. The company has a current ratio of 2.61, a quick ratio of 1.96 and a debt-to-equity ratio of 2.27. Suzano has a 1-year low of $8.41 and a 1-year high of $10.98.

Suzano (NYSE:SUZ - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $0.88 by ($0.01). The firm had revenue of $2.03 billion for the quarter, compared to analyst estimates of $11.82 billion. Suzano had a negative net margin of 2.43% and a negative return on equity of 3.08%. Equities research analysts anticipate that Suzano will post 1.93 EPS for the current fiscal year.

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.