BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Short Interest Down 21.5% in October

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 124,500 shares, a decrease of 21.5% from the October 15th total of 158,500 shares. Based on an average daily trading volume, of 51,400 shares, the short-interest ratio is currently 2.4 days.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Price Performance

Shares of NYSE:LND traded up $0.02 during trading on Friday, hitting $4.18. 37,664 shares of the company were exchanged, compared to its average volume of 42,889. The company has a market capitalization of $428.69 million, a P/E ratio of 7.70 and a beta of 0.83. The company has a quick ratio of 1.30, a current ratio of 2.01 and a debt-to-equity ratio of 0.39. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 1-year low of $4.02 and a 1-year high of $5.55. The business’s 50 day moving average is $4.47 and its 200-day moving average is $4.68.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last released its earnings results on Wednesday, November 6th. The company reported $0.17 earnings per share (EPS) for the quarter. The business had revenue of $82.46 million during the quarter.

Institutional Trading of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

An institutional investor recently raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock. Renaissance Technologies LLC lifted its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 12.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 72,735 shares of the company’s stock after purchasing an additional 8,235 shares during the quarter. Renaissance Technologies LLC owned about 0.07% of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas worth $335,000 at the end of the most recent reporting period. 1.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “sell” rating to a “hold” rating in a research note on Tuesday, November 5th.

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.