Cosan S.A. (NYSE:CSAN) Short Interest Up 29.1% in February

Cosan S.A. (NYSE:CSAN - Get Free Report) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 2,220,000 shares, an increase of 29.1% from the January 31st total of 1,720,000 shares. Based on an average trading volume of 1,170,000 shares, the days-to-cover ratio is presently 1.9 days.

Analyst Upgrades and Downgrades

Separately, Citigroup reissued a "buy" rating and set a $19.00 price target on shares of Cosan in a research report on Monday, December 23rd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets bought a new stake in shares of Cosan in the 4th quarter worth approximately $27,000. Cubist Systematic Strategies LLC bought a new stake in shares of Cosan in the fourth quarter valued at $41,000. PNC Financial Services Group Inc. lifted its position in shares of Cosan by 181.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 9,790 shares of the company's stock valued at $53,000 after buying an additional 6,311 shares during the last quarter. US Bancorp DE grew its stake in shares of Cosan by 405.1% during the 3rd quarter. US Bancorp DE now owns 5,793 shares of the company's stock worth $55,000 after acquiring an additional 4,646 shares during the period. Finally, PDS Planning Inc purchased a new stake in Cosan in the 4th quarter worth about $58,000.

Cosan Stock Performance

CSAN traded down $0.02 during trading on Thursday, hitting $4.94. 708,928 shares of the company traded hands, compared to its average volume of 1,132,475. Cosan has a one year low of $4.54 and a one year high of $13.52. The stock's fifty day moving average is $5.28 and its 200 day moving average is $7.22. The company has a quick ratio of 1.73, a current ratio of 1.86 and a debt-to-equity ratio of 1.31. The firm has a market cap of $2.30 billion, a P/E ratio of 3.74, a price-to-earnings-growth ratio of 3.94 and a beta of 1.33.

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.