Short Interest in Marfrig Global Foods S.A. (OTCMKTS:MRRTY) Declines By 59.5%

Marfrig Global Foods S.A. (OTCMKTS:MRRTY) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 5,300 shares, a decrease of 59.5% from the November 30th total of 13,100 shares. Based on an average daily volume of 220,800 shares, the days-to-cover ratio is currently 0.0 days.

Marfrig Global Foods Trading Up -1.7 %

Marfrig Global Foods stock traded up $0.02 during mid-day trading on Friday, hitting $2.62. 12,605 shares of the company’s stock were exchanged, compared to its average volume of 22,712. Marfrig Global Foods has a 1-year low of $1.55 and a 1-year high of $3.48. The stock has a 50 day moving average of $2.82 and a two-hundred day moving average of $2.46.

Marfrig Global Foods Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 3rd. Stockholders of record on Monday, December 16th will be issued a dividend of $0.4873 per share. This is a positive change from Marfrig Global Foods’s previous dividend of $0.00. The ex-dividend date is Monday, December 16th.

About Marfrig Global Foods

Marfrig Global Foods SA, through its subsidiaries, operates in the food industry in Brazil and internationally. It operates through Beef North America; Beef South America; and Poultry, Pork and Processed Products BRF segments. The company produces, processes, distributes, and sells animal-based proteins, such as beef, pork, lamb, fish, and poultry; pastas, margarine, pet food, and plant-based proteins; hamburgers; and various ready-to-eat products, including frozen vegetables, lamb, fish, and sauces.