BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Short Interest Down 18.2% in November

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) was the recipient of a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 83,300 shares, a decrease of 18.2% from the November 15th total of 101,800 shares. Based on an average daily volume of 58,000 shares, the days-to-cover ratio is presently 1.4 days.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “sell” rating to a “hold” rating in a research note on Tuesday, November 5th.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Performance

NYSE LND traded down $0.04 during midday trading on Monday, hitting $3.79. The company had a trading volume of 66,402 shares, compared to its average volume of 45,200. The firm has a fifty day simple moving average of $4.18 and a two-hundred day simple moving average of $4.54. The stock has a market cap of $389.17 million, a price-to-earnings ratio of 7.26 and a beta of 0.82. The company has a quick ratio of 1.30, a current ratio of 2.01 and a debt-to-equity ratio of 0.39. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a fifty-two week low of $3.78 and a fifty-two week high of $5.55.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last released its earnings results on Wednesday, November 6th. The company reported $0.17 earnings per share for the quarter. The firm had revenue of $82.46 million for the quarter.

Institutional Trading of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

An institutional investor recently raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock. Renaissance Technologies LLC increased its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 12.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 72,735 shares of the company’s stock after purchasing an additional 8,235 shares during the quarter. Renaissance Technologies LLC owned approximately 0.07% of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas worth $335,000 at the end of the most recent quarter. Institutional investors and hedge funds own 1.15% of the company’s stock.

About BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil and internationally. It operates through six segments: Real Estate, Grains, Sugarcane, livestock, Cotton, and Other.