Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Short Interest Update

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 64,767 shares, a drop of 27.6% from the November 30th total of 89,471 shares. Based on an average daily volume of 55,762 shares, the short-interest ratio is currently 1.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 55,762 shares, the short-interest ratio is currently 1.2 days.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a research report on Monday. Itau BBA Securities cut Brasilagro Cia Brasileira De Propriedades Agricolas from an “outperform” rating to a “market perform” rating in a research note on Thursday, September 25th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

Brasilagro Cia Brasileira De Propriedades Agricolas Trading Down 0.7%

NYSE:LND traded down $0.03 on Wednesday, reaching $3.59. 4,988 shares of the company’s stock were exchanged, compared to its average volume of 38,782. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.67 and a quick ratio of 0.93. The stock has a fifty day simple moving average of $3.65 and a 200-day simple moving average of $3.75. Brasilagro Cia Brasileira De Propriedades Agricolas has a 52 week low of $3.47 and a 52 week high of $4.03.

Institutional Investors Weigh In On Brasilagro Cia Brasileira De Propriedades Agricolas

Institutional investors and hedge funds have recently modified their holdings of the company. ERn Financial LLC bought a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the third quarter worth approximately $50,000. EverSource Wealth Advisors LLC bought a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the 2nd quarter worth $37,000. Evelyn Partners Investment Management LLP raised its position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 750.8% during the 2nd quarter. Evelyn Partners Investment Management LLP now owns 18,624 shares of the company’s stock valued at $71,000 after buying an additional 16,435 shares in the last quarter. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 66.2% during the 2nd quarter. SBI Securities Co. Ltd. now owns 36,799 shares of the company’s stock worth $141,000 after acquiring an additional 14,651 shares during the last quarter. 1.15% of the stock is owned by hedge funds and other institutional investors.

About Brasilagro Cia Brasileira De Propriedades Agricolas

Brasilagro Cia Brasileira De Propriedades Agrícolas is a Brazil-based agribusiness company focused on the acquisition, development and commercialization of agricultural land in key farming regions across the country. The company’s core activities include identifying undervalued or underutilized rural properties, implementing infrastructure improvements and modern farming practices, and either operating the land directly or selling it to third parties. Brasilagro’s land bank spans several states in Brazil, with holdings in Maranhão, Bahia, Tocantins, Goiás and Mato Grosso, among others.

In its agricultural operations, Brasilagro cultivates a variety of crops such as soybeans, corn and cotton, leveraging advances in crop genetics, irrigation and soil management to enhance productivity and sustainability.