Klabin SA (OTCMKTS:KLBAY) Short Interest Down 44.9% in June

Klabin SA (OTCMKTS:KLBAY) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 16,041 shares, a decrease of 44.9% from the May 31st total of 29,127 shares. Based on an average daily volume of 14,019 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.0% of the shares of the stock are short sold.

Klabin Stock Performance

Klabin stock remained flat at $6.54 during mid-day trading on Wednesday. The company had a trading volume of 1,897 shares, compared to its average volume of 6,128. 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 fifty-two week low of $5.98 and a fifty-two week high of $10.23. The firm’s 50 day moving average is $6.82 and its 200-day moving average is $7.22. The firm has a market cap of $20.42 billion, a PE ratio of 26.46, a PEG ratio of 1.92 and a beta of 0.65.

Klabin Company Profile

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.