Short Interest in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Declines By 29.8%

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 87,800 shares, a drop of 29.8% from the January 15th total of 125,000 shares. Based on an average trading volume of 56,900 shares, the days-to-cover ratio is currently 1.5 days.

Hedge Funds Weigh In On BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

A number of hedge funds and other institutional investors have recently made changes to their positions in LND. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 40.4% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 15,490 shares of the company’s stock valued at $56,000 after purchasing an additional 4,455 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the fourth quarter valued at approximately $71,000. Signaturefd LLC boosted its holdings in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 976.7% in the fourth quarter. Signaturefd LLC now owns 21,049 shares of the company’s stock valued at $76,000 after buying an additional 19,094 shares during the period. Virtu Financial LLC bought a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter worth $87,000. Finally, Ballentine Partners LLC acquired a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter worth $89,000. 1.15% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “hold” rating to a “sell” rating in a research report on Monday, February 10th.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Up 0.2 %

NYSE LND traded up $0.01 on Friday, reaching $3.77. The company had a trading volume of 41,397 shares, compared to its average volume of 32,141. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 52 week low of $3.52 and a 52 week high of $5.20. The stock’s 50 day moving average is $3.73 and its 200-day moving average is $4.21. The company has a current ratio of 2.01, a quick ratio of 1.30 and a debt-to-equity ratio of 0.39.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last announced its quarterly earnings results on Thursday, February 6th. The company reported ($0.03) EPS for the quarter.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Company Profile

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.