Marfrig Global Foods S.A. (OTCMKTS:MRRTY – Get Free Report) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 800 shares, a decrease of 84.9% from the December 31st total of 5,300 shares. Based on an average trading volume of 18,300 shares, the short-interest ratio is presently 0.0 days.
Marfrig Global Foods Trading Up 7.3 %
MRRTY stock traded up $0.20 during midday trading on Tuesday, reaching $2.88. 470 shares of the company’s stock traded hands, compared to its average volume of 5,151. Marfrig Global Foods has a 52 week low of $1.55 and a 52 week high of $3.48. The company has a 50-day moving average price of $2.83 and a two-hundred day moving average price of $2.56.
Marfrig Global Foods Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 16th were issued a $0.4873 dividend. The ex-dividend date was Monday, December 16th. This is a boost from Marfrig Global Foods’s previous dividend of $0.00.
About Marfrig Global Foods
Marfrig Global Foods SA, through its subsidiaries, operates in the food industry in Brazil and internationally. It operates through Beef North America; Beef South America; and Poultry, Pork and Processed Products BRF segments. The company produces, processes, distributes, and sells animal-based proteins, such as beef, pork, lamb, fish, and poultry; pastas, margarine, pet food, and plant-based proteins; hamburgers; and various ready-to-eat products, including frozen vegetables, lamb, fish, and sauces.
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