Short Interest in Cosan Limited Decreases By 55.1% (CZZ)
Cosan Limited (NYSE:CZZ) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 679,764 shares, a decrease of 55.1% from the April 30th total of 1,513,315 shares, American Banking News reports. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 1,095,933 shares, the days-to-cover ratio is presently 0.6 days.
Cosan Limited (NYSE:CZZ) opened at 13.98 on Thursday. Cosan Limited has a 1-year low of $10.33 and a 1-year high of $17.54. The stock’s 50-day moving average is $12.49 and its 200-day moving average is $12.50. The company has a market cap of $3.700 billion and a price-to-earnings ratio of 50.14.
Cosan Limited (NYSE:CZZ) is a holding company.
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