Short Interest in Jbs S.A. (OTCMKTS:JBSAY) Drops By 90.2%

Jbs S.A. (OTCMKTS:JBSAY) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 5,200 shares, a decrease of 90.2% from the February 28th total of 53,100 shares. Based on an average daily volume of 189,300 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

JBS Stock Down 3.3 %

JBSAY traded down $0.47 during midday trading on Wednesday, reaching $13.72. The company’s stock had a trading volume of 179,962 shares, compared to its average volume of 95,638. JBS has a 1 year low of $8.17 and a 1 year high of $14.80. The stock’s 50-day moving average is $11.77 and its 200-day moving average is $11.99. The firm has a market capitalization of $15.22 billion, a price-to-earnings ratio of 11.06 and a beta of 1.08. The company has a current ratio of 1.47, a quick ratio of 0.85 and a debt-to-equity ratio of 1.80.

About JBS

JBS SA, together with its subsidiaries, engages in the processing of animal protein worldwide. The company trades in beef, pork, chicken, poultry, fish, and lamb products; cooked frozen meat; plant based products; and other food products. It produces and commercializes leather, steel cans, plastic resin, personal care and cleaning products, and collagen, as well as wet blue leather, semi-finished, and finished leather products.