Short Interest in Minerva S.A. (OTCMKTS:MRVSY) Drops By 88.7%

Minerva S.A. (OTCMKTS:MRVSY) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 1,500 shares, a decline of 88.7% from the February 28th total of 13,300 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is currently 1.1 days.

Minerva Price Performance

Shares of MRVSY stock traded up $0.35 during mid-day trading on Wednesday, hitting $4.80. The stock had a trading volume of 150 shares, compared to its average volume of 1,852. Minerva has a 12-month low of $3.35 and a 12-month high of $6.87. The firm’s 50-day moving average is $4.42 and its two-hundred day moving average is $4.20.

About Minerva

Minerva SA produces and sells fresh meat, livestock, and by-products in South America and internationally. The company is also involved in slaughtering, deboning, and processing of cattle, meat, beef, and sheep meat; selling chilled, frozen, and processed meat, as well as beef, pork, and poultry products; exporting and selling live cattle; and breeding and selling live cattle, lambs, pigs, and other live animals.