Cosan S.A. (NYSE:CSAN) Short Interest Update

Cosan S.A. (NYSE:CSAN - Get Free Report) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 2,710,000 shares, a growth of 22.1% from the February 13th total of 2,220,000 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,170,000 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets purchased a new position in Cosan during the 4th quarter worth $27,000. Cubist Systematic Strategies LLC acquired a new position in Cosan in the 4th quarter worth about $41,000. PNC Financial Services Group Inc. raised its holdings in Cosan by 181.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 9,790 shares of the company's stock worth $53,000 after purchasing an additional 6,311 shares during the period. US Bancorp DE raised its holdings in Cosan by 405.1% in the 3rd quarter. US Bancorp DE now owns 5,793 shares of the company's stock worth $55,000 after purchasing an additional 4,646 shares during the period. Finally, PDS Planning Inc acquired a new position in Cosan in the 4th quarter worth about $58,000.

Analyst Upgrades and Downgrades

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

Cosan Stock Down 1.0 %

NYSE CSAN traded down $0.06 on Friday, reaching $5.50. 888,571 shares of the stock traded hands, compared to its average volume of 707,836. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.73 and a current ratio of 1.86. The company has a fifty day moving average price of $5.23 and a 200-day moving average price of $6.84. The company has a market cap of $2.57 billion, a price-to-earnings ratio of 4.16, a PEG ratio of 3.94 and a beta of 1.33. Cosan has a 12 month low of $4.54 and a 12 month high of $13.26.

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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.