Klabin SA (OTCMKTS:KLBAY) Short Interest Update

Klabin SA (OTCMKTS:KLBAY) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 29,127 shares, an increase of 88.4% from the May 14th total of 15,457 shares. Based on an average daily trading volume, of 8,163 shares, the days-to-cover ratio is presently 3.6 days. Currently, 0.0% of the shares of the company are sold short.

Klabin Stock Performance

KLBAY stock traded down $0.17 during trading on Tuesday, reaching $6.63. 8,618 shares of the stock were exchanged, compared to its average volume of 5,128. Klabin has a twelve month low of $5.98 and a twelve month high of $10.23. The company has a market capitalization of $20.69 billion, a P/E ratio of 26.82, a price-to-earnings-growth ratio of 0.92 and a beta of 0.66. The stock has a 50 day simple moving average of $7.02 and a 200-day simple moving average of $7.24. The company has a current ratio of 1.78, a quick ratio of 1.37 and a debt-to-equity ratio of 2.01.

About Klabin

Klabin SA is a Brazilian integrated paper and pulp company that develops, manufactures and sells a range of forest products and packaging solutions. Founded by the Klabin family in 1899 and headquartered in São Paulo, the company’s activities span forestry management, pulp and paper manufacturing, containerboard and corrugated packaging production, and recycling operations. Klabin supplies both industrial and consumer-oriented paper and packaging products, including kraftliner, corrugating medium, cartonboard and specialty papers used across multiple end markets.

As an integrated forest products company, Klabin manages planted timberlands and brings raw material through its own supply chain into pulping and papermaking facilities.