Jbs S.A. (OTCMKTS:JBSAY) Short Interest Up 48.0% in April

Jbs S.A. (OTCMKTS:JBSAY – Get Rating) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totalling 98,000 shares, an increase of 48.0% from the April 15th total of 66,200 shares. Based on an average daily volume of 226,000 shares, the days-to-cover ratio is currently 0.4 days.

Shares of OTCMKTS JBSAY opened at $15.21 on Friday. The stock’s 50 day simple moving average is $15.28 and its 200 day simple moving average is $14.10. The company has a current ratio of 1.40, a quick ratio of 0.84 and a debt-to-equity ratio of 1.69. The company has a market cap of $17.07 billion, a price-to-earnings ratio of 4.04 and a beta of 1.02. JBS has a 12-month low of $10.83 and a 12-month high of $16.80.

JBS (OTCMKTS:JBSAY – Get Rating) last issued its earnings results on Monday, March 21st. The company reported $0.96 earnings per share (EPS) for the quarter. The business had revenue of $17.42 billion for the quarter. JBS had a return on equity of 49.15% and a net margin of 6.44%.

Separately, Barclays started coverage on JBS in a research report on Monday, March 14th. They issued an “overweight” rating for the company.

JBS Company Profile (Get Rating)

JBS SA, a food company, processes and trades in animal protein worldwide. It offers beef, pork, chicken, and lamb products and by-products; food products; pet food and concentrates; and bresaola. The company also produces and commercializes steel cans, plastic resins, soap bases and bars, biodiesel, glycerin, fatty acid, collagen, and wrapper, as well as wet blue, semi-finished, and finished leather products; manages industrial residue; purchases and sells soybeans; and produces, cogenerates, and commercializes electric power.

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