Short Interest in Jbs S.A. (OTCMKTS:JBSAY) Rises By 119.2%

Jbs S.A. (OTCMKTS:JBSAY) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 11,400 shares, an increase of 119.2% from the March 15th total of 5,200 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 306,500 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Barclays restated an “overweight” rating on shares of JBS in a research report on Thursday, March 27th.

JBS Stock Up 3.3 %

JBSAY opened at $15.00 on Wednesday. The stock’s 50 day moving average price is $12.60 and its 200 day moving average price is $12.26. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.47 and a quick ratio of 0.85. The stock has a market cap of $16.64 billion, a P/E ratio of 12.10 and a beta of 0.86. JBS has a 12 month low of $8.35 and a 12 month high of $15.00.

JBS (OTCMKTS:JBSAY) last issued its quarterly earnings results on Tuesday, March 25th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.19). The business had revenue of $20.18 billion for the quarter, compared to analyst estimates 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.