Short Interest in Jbs S.A. (OTCMKTS:JBSAY) Grows By 143.1%

Jbs S.A. (OTCMKTS:JBSAY) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 12,400 shares, an increase of 143.1% from the May 31st total of 5,100 shares. Based on an average daily trading volume, of 496,100 shares, the days-to-cover ratio is currently 0.0 days.

JBS Trading Down 2.2 %

OTCMKTS JBSAY opened at $11.56 on Friday. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.68 and a quick ratio of 0.90. JBS has a 52-week low of $6.88 and a 52-week high of $11.85. The business’s 50-day moving average price is $10.46 and its 200 day moving average price is $9.69.

JBS (OTCMKTS:JBSAY) last released its earnings results on Tuesday, May 14th. The company reported $0.30 earnings per share (EPS) for the quarter. JBS had a return on equity of 4.39% and a net margin of 0.56%. The company had revenue of $18 billion for the quarter, compared to analysts’ expectations of $17.84 billion.

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.