Fibria Celulose S.A. (NYSE:FBR) was the recipient of a large growth in short interest during the month of September. As of September 29th, there was short interest totalling 5,224,453 shares, a growth of 45.6% from the September 15th total of 3,588,026 shares. Based on an average trading volume of 1,872,829 shares, the days-to-cover ratio is currently 2.8 days.

Several equities research analysts have recently issued reports on FBR shares. BidaskClub upgraded shares of Fibria Celulose from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 23rd. Zacks Investment Research lowered shares of Fibria Celulose from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Citigroup Inc. upgraded shares of Fibria Celulose from a “neutral” rating to a “buy” rating in a report on Monday, August 14th. Finally, TheStreet lowered shares of Fibria Celulose from a “c” rating to a “d+” rating in a report on Wednesday, July 26th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Fibria Celulose currently has an average rating of “Buy” and an average target price of $13.75.

Shares of Fibria Celulose (NYSE FBR) opened at 16.92 on Tuesday. The company’s market cap is $9.37 billion. The stock has a 50 day moving average of $13.74 and a 200 day moving average of $11.19. Fibria Celulose has a 12-month low of $7.12 and a 12-month high of $16.93.

Several hedge funds have recently made changes to their positions in the company. Comerica Bank boosted its position in shares of Fibria Celulose by 1.3% during the 1st quarter. Comerica Bank now owns 31,760 shares of the basic materials company’s stock valued at $291,000 after acquiring an additional 413 shares during the last quarter. Aperio Group LLC lifted its position in Fibria Celulose by 3.9% in the second quarter. Aperio Group LLC now owns 47,876 shares of the basic materials company’s stock valued at $486,000 after buying an additional 1,805 shares during the last quarter. Virtu KCG Holdings LLC lifted its position in Fibria Celulose by 20.0% in the second quarter. Virtu KCG Holdings LLC now owns 41,381 shares of the basic materials company’s stock valued at $420,000 after buying an additional 6,904 shares during the last quarter. Lazard Asset Management LLC lifted its position in Fibria Celulose by 22.6% in the second quarter. Lazard Asset Management LLC now owns 37,893 shares of the basic materials company’s stock valued at $384,000 after buying an additional 6,973 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in Fibria Celulose by 82.5% in the second quarter. Ameriprise Financial Inc. now owns 19,337 shares of the basic materials company’s stock valued at $196,000 after buying an additional 8,743 shares during the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

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About Fibria Celulose

Fibria Celulose SA (Fibria) is a forestry company, which is engaged in the production of eucalyptus pulp. The Company is engaged in the production and sale of short fiber pulp from its pulp production facilities located in the cities of Aracruz (State of Espirito Santo), Tres Lagoas (State of Mato Grosso do Sul), Jacarei (State of Sao Paulo) and Eunapolis (State of Bahia).

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