Short Interest in Marfrig Global Foods S.A. (OTCMKTS:MRRTY) Rises By 87.5%

Marfrig Global Foods S.A. (OTCMKTS:MRRTYGet Free Report) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,500 shares, an increase of 87.5% from the February 28th total of 800 shares. Based on an average trading volume of 13,800 shares, the days-to-cover ratio is currently 0.1 days.

Marfrig Global Foods Trading Up 0.3 %

OTCMKTS MRRTY traded up $0.01 during trading hours on Friday, reaching $3.08. 1,089 shares of the stock traded hands, compared to its average volume of 9,953. The stock has a 50 day simple moving average of $2.69 and a two-hundred day simple moving average of $2.69. Marfrig Global Foods has a 1 year low of $1.80 and a 1 year high of $3.50.

Marfrig Global Foods Company Profile

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Marfrig Global Foods SA, through its subsidiaries, operates in the food industry in Brazil and internationally. It operates through Beef North America; Beef South America; and Poultry, Pork and Processed Products BRF segments. The company produces, processes, distributes, and sells animal-based proteins, such as beef, pork, lamb, fish, and poultry; pastas, margarine, pet food, and plant-based proteins; hamburgers; and various ready-to-eat products, including frozen vegetables, lamb, fish, and sauces.

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