Jbs S.A. (OTCMKTS:JBSAY) Sees Large Decline in Short Interest

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

JBS Price Performance

OTCMKTS JBSAY traded down $0.47 on Thursday, reaching $13.72. 179,962 shares of the company’s stock traded hands, compared to its average volume of 95,638. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.47 and a quick ratio of 0.85. The stock has a market cap of $15.22 billion, a PE ratio of 11.06 and a beta of 1.08. The stock has a 50-day simple moving average of $11.77 and a 200 day simple moving average of $11.99. JBS has a 12 month low of $8.17 and a 12 month high of $14.80.

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.