Cosan Limited Class A (NYSE:CZZ) Sellers Decreased Their Shorts By 22.14%

April 16, 2018 - By Michele Cranor

Cosan Limited (NYSE:CZZ) Corporate Logo

Cosan Limited Class A (NYSE:CZZ) registered a decrease of 22.14% in short interest. It was announced in April by FINRA the 1.30M short interest on CZZ. That’s 22.14% down from 1.67 million shares. With Average volume 848,100, CZZ’s previous position will take 2 days to recover. 2.03% is Cosan Limited Class A float short.

On during the last trading session the stock decreased $0.11 or 1.06%, reaching $10.26.Currently Cosan Limited is uptrending after 26.42% change in last April 16, 2017. CZZ has also 710,428 shares volume. CZZ outperformed by 14.87% the S&P500.

Cosan Limited, together with its subsidiaries, engages in fuel and natural gas distribution, logistics, lubricant, sugar and ethanol, and fuel businesses primarily in Brazil and internationally.The firm is worth $2.50 billion. The company’s Raízen Energia segment produces and markets various products derived from sugar cane, including raw sugar, and anhydrous and hydrated ethanol.16.9 is the P/E ratio. This segment is also involved in activities related to energy cogeneration from sugarcane bagasse; and holds interests in companies involved in research and development on new technology.

Cosan Limited (NYSE:CZZ) Ratings Coverage

Total analysts of 2 have positions in Cosan Ltd (NYSE:CZZ) as follows: 0 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 0. Since February 20, 2018 according to StockzIntelligence Inc Cosan Ltd has 2 analyst reports. On Tuesday, February 20 the rating was maintained by JP Morgan with “Neutral”. In Tuesday, February 20 report J.P. Morgan downgraded it to “Hold” rating and $12.5 target.

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