Jbs S.A. (OTCMKTS:JBSAY) Sees Significant Decrease in Short Interest

Jbs S.A. (OTCMKTS:JBSAY) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 200 shares, a drop of 99.0% from the September 30th total of 20,400 shares. Based on an average daily trading volume, of 58,300 shares, the short-interest ratio is currently 0.0 days.

JBS Stock Performance

OTCMKTS JBSAY traded up $0.18 during trading hours on Friday, hitting $12.21. The company had a trading volume of 26,822 shares, compared to its average volume of 44,345. JBS has a fifty-two week low of $7.68 and a fifty-two week high of $14.22. The company has a quick ratio of 0.89, a current ratio of 1.62 and a debt-to-equity ratio of 1.94. The business has a fifty day simple moving average of $12.12 and a 200-day simple moving average of $11.24. The firm has a market cap of $13.54 billion, a P/E ratio of 32.13 and a beta of 1.14.

JBS (OTCMKTS:JBSAY) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.30 EPS for the quarter. JBS had a return on equity of 8.34% and a net margin of 1.05%. The company had revenue of $19.30 billion for the quarter, compared to analyst estimates of $18.95 billion.

JBS Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 17th. Shareholders of record on Monday, August 26th were given a dividend of $0.7106 per share. The ex-dividend date of this dividend was Monday, August 26th. This is a positive change from JBS’s previous dividend of $0.40. JBS’s dividend payout ratio (DPR) is presently 186.84%.

JBS Company Profile

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.