Minerva S.A. (OTCMKTS:MRVSY) Sees Significant Drop in Short Interest

Minerva S.A. (OTCMKTS:MRVSY) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,500 shares, a decrease of 88.7% from the February 28th total of 13,300 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is currently 1.1 days.

Minerva Price Performance

Shares of MRVSY stock traded up $0.35 during trading hours on Thursday, hitting $4.80. 150 shares of the company’s stock traded hands, compared to its average volume of 1,852. The stock’s 50 day simple moving average is $4.42 and its 200 day simple moving average is $4.20. Minerva has a 12 month low of $3.35 and a 12 month high of $6.87.

Minerva Company Profile

Minerva SA produces and sells fresh meat, livestock, and by-products in South America and internationally. The company is also involved in slaughtering, deboning, and processing of cattle, meat, beef, and sheep meat; selling chilled, frozen, and processed meat, as well as beef, pork, and poultry products; exporting and selling live cattle; and breeding and selling live cattle, lambs, pigs, and other live animals.