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

Jbs S.A. (OTCMKTS:JBSAY) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 53,100 shares, an increase of 85.0% from the February 13th total of 28,700 shares. Based on an average daily trading volume, of 186,900 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

JBS Price Performance

OTCMKTS JBSAY traded up $0.34 on Friday, hitting $11.64. 32,087 shares of the company were exchanged, compared to its average volume of 83,457. The firm has a 50 day moving average of $11.43 and a two-hundred day moving average of $11.90. The company has a market cap of $12.91 billion, a P/E ratio of 9.39 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. JBS has a 1-year low of $8.17 and a 1-year high of $14.22.

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.