Short Interest in Jbs S.A. (OTCMKTS:JBSAY) Drops By 90.2%

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

JBS Stock Performance

Shares of OTCMKTS JBSAY traded down $0.04 during midday trading on Friday, reaching $14.47. The company had a trading volume of 22,173 shares, compared to its average volume of 97,334. The company has a current ratio of 1.47, a quick ratio of 0.85 and a debt-to-equity ratio of 1.80. The business's 50-day simple moving average is $11.90 and its 200 day simple moving average is $12.03. JBS has a 1 year low of $8.17 and a 1 year high of $14.80. The stock has a market cap of $16.05 billion, a P/E ratio of 11.67 and a beta of 1.08.

JBS (OTCMKTS:JBSAY - Get Free Report) last released its quarterly earnings data on Tuesday, March 25th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.19). The business had revenue of $20.18 billion during the quarter, compared to analysts' expectations of $115.12 billion. JBS had a net margin of 1.79% and a return on equity of 14.29%.

JBS Company Profile

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.