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

Cosan S.A. (NYSE:CSAN) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 715,200 shares, a decrease of 6.9% from the March 15th total of 768,500 shares. Based on an average daily volume of 273,900 shares, the short-interest ratio is presently 2.6 days.

Institutional Trading of Cosan

Several large investors have recently made changes to their positions in the company. Renaissance Technologies LLC boosted its position in shares of Cosan by 2.5% during the 1st quarter. Renaissance Technologies LLC now owns 5,187,782 shares of the company’s stock worth $61,320,000 after acquiring an additional 126,402 shares in the last quarter. Martin Currie Ltd. boosted its position in shares of Cosan by 6.5% during the 3rd quarter. Martin Currie Ltd. now owns 2,722,425 shares of the company’s stock worth $36,998,000 after acquiring an additional 166,456 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Cosan by 14.3% during the 1st quarter. Bank of America Corp DE now owns 848,202 shares of the company’s stock worth $10,026,000 after acquiring an additional 106,364 shares in the last quarter. Itau Unibanco Holding S.A. lifted its stake in Cosan by 251.6% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 398,619 shares of the company’s stock valued at $5,417,000 after purchasing an additional 285,241 shares during the last quarter. Finally, Optiver Holding B.V. lifted its stake in Cosan by 10.7% in the 4th quarter. Optiver Holding B.V. now owns 364,105 shares of the company’s stock valued at $5,702,000 after purchasing an additional 35,232 shares during the last quarter.

Cosan Stock Up 1.9 %

Shares of NYSE:CSAN opened at $10.92 on Thursday. The firm has a market cap of $4.18 billion, a PE ratio of 6.31, a PEG ratio of 0.64 and a beta of 1.35. The company’s 50 day moving average price is $13.32 and its two-hundred day moving average price is $14.00. Cosan has a 12-month low of $10.70 and a 12-month high of $17.50.

About Cosan

Cosan SA engages in the fuel distribution business in Brazil, Europe, Latin America, North America, Asia, and internationally. The company's Raízen segment distributes and markets fuels through a franchised network of service stations under the Shell brand; engages in the petroleum refining; operation of convenience stores; manufacture and sale of automotive and industrial lubricants; and production and sale of liquefied petroleum gas.