Klabin SA (OTCMKTS:KLBAY) Short Interest Update

Klabin SA (OTCMKTS:KLBAY) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 29,127 shares, a growth of 88.4% from the May 14th total of 15,457 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 8,163 shares, the short-interest ratio is presently 3.6 days.

Klabin Trading Up 4.5%

KLBAY traded up $0.29 during midday trading on Friday, reaching $6.78. 2,368 shares of the company’s stock traded hands, compared to its average volume of 6,154. The firm has a fifty day moving average of $7.03 and a two-hundred day moving average of $7.24. The stock has a market capitalization of $21.16 billion, a price-to-earnings ratio of 27.42, a P/E/G ratio of 0.92 and a beta of 0.66. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.78 and a quick ratio of 1.37. Klabin has a 52 week low of $5.98 and a 52 week high of $10.23.

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.