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

Jbs S.A. (OTCMKTS:JBSAY) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 11,500 shares, an increase of 259.4% from the January 15th total of 3,200 shares. Based on an average daily volume of 211,000 shares, the short-interest ratio is presently 0.1 days.

JBS Stock Performance

Shares of OTCMKTS JBSAY traded down $0.04 during trading on Wednesday, reaching $12.07. 34,158 shares of the company traded hands, compared to its average volume of 89,610. The stock has a market cap of $13.39 billion, a P/E ratio of 9.74 and a beta of 1.15. The firm’s fifty day simple moving average is $12.05 and its 200 day simple moving average is $12.13. The company has a current ratio of 1.47, a quick ratio of 0.85 and a debt-to-equity ratio of 1.80. JBS has a 12-month low of $8.17 and a 12-month high of $14.22.

JBS Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Tuesday, November 26th were given a dividend of $0.3468 per share. This represents a $1.39 annualized dividend and a yield of 11.49%. The ex-dividend date was Tuesday, November 26th. JBS’s dividend payout ratio is currently 82.26%.

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.