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

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

JBS Price Performance

JBSAY traded down $0.47 during trading on Thursday, reaching $13.72. 179,962 shares of the company traded hands, compared to its average volume of 95,638. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.85 and a current ratio of 1.47. The firm has a fifty 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. The company has a market cap of $15.22 billion, a P/E ratio of 11.06 and a beta of 1.08.

About JBS

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.