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

by · The Markets Daily

Jbs S.A. (OTCMKTS:JBSAY – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 15,600 shares, an increase of 147.6% from the August 31st total of 6,300 shares. Based on an average daily trading volume, of 142,400 shares, the short-interest ratio is currently 0.1 days.

JBS Price Performance

Shares of JBSAY opened at $11.50 on Friday. The company has a market cap of $12.76 billion, a price-to-earnings ratio of 30.27 and a beta of 1.15. JBS has a 1-year low of $6.88 and a 1-year high of $14.22. The company’s fifty day simple moving average is $12.13 and its 200 day simple moving average is $10.79. The company has a current ratio of 1.62, a quick ratio of 0.89 and a debt-to-equity ratio of 1.94.

JBS (OTCMKTS:JBSAY – Get Free Report) last issued its earnings results on Tuesday, August 13th. The company reported $0.30 earnings per share for the quarter. JBS had a net margin of 1.05% and a return on equity of 8.34%. The business had revenue of $19.30 billion for the quarter, compared to the consensus estimate of $18.95 billion.

JBS Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, October 17th. Stockholders of record on Monday, August 26th will be given a $0.7106 dividend. The ex-dividend date is Monday, August 26th. This is a boost from JBS’s previous dividend of $0.40. JBS’s payout ratio is presently 186.84%.

About JBS

(Get Free Report)

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.

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