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

Jbs S.A. (OTCMKTS:JBSAY) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 39,100 shares, a growth of 19,450.0% from the October 31st total of 200 shares. Based on an average daily trading volume, of 157,600 shares, the short-interest ratio is presently 0.2 days.

JBS Stock Performance

JBSAY opened at $11.92 on Thursday. The firm’s 50-day moving average price is $12.01 and its 200-day moving average price is $11.77. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.85 and a current ratio of 1.47. JBS has a 52-week low of $8.17 and a 52-week high of $14.22.

JBS Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Tuesday, November 26th will be given a dividend of $0.3468 per share. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $1.39 dividend on an annualized basis and a yield of 11.64%. JBS’s dividend payout ratio is currently 57.26%.

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.