Short Interest in Jbs S.A. (OTCMKTS:JBSAY) Declines By 95.3%

Jbs S.A. (OTCMKTS:JBSAY) saw a large drop in short interest during the month of August. As of August 15th, there was short interest totalling 400 shares, a drop of 95.3% from the July 31st total of 8,500 shares. Based on an average daily volume of 335,700 shares, the short-interest ratio is presently 0.0 days.

JBS Stock Performance

Shares of OTCMKTS:JBSAY traded down $0.05 during mid-day trading on Tuesday, reaching $12.67. The company had a trading volume of 412,438 shares, compared to its average volume of 134,051. The company’s 50-day moving average price is $11.85 and its 200-day moving average price is $10.33. JBS has a one year low of $6.88 and a one year high of $14.22. The firm has a market cap of $14.05 billion, a price-to-earnings ratio of 33.47 and a beta of 1.13. The company has a current ratio of 1.68, a quick ratio of 0.90 and a debt-to-equity ratio of 1.93.

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 4.39% and a net margin of 0.56%. The firm had revenue of $19.30 billion for the quarter, compared to analysts’ expectations of $18.95 billion.

JBS Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, October 17th. Shareholders of record on Monday, August 26th will be issued a dividend of $0.7106 per share. This is a boost from JBS’s previous dividend of $0.40. The ex-dividend date of this dividend is Monday, August 26th. JBS’s payout ratio 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.