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

Jbs S.A. (OTCMKTS:JBSAY) was the recipient of a large 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 volume of 142,400 shares, the days-to-cover ratio is presently 0.1 days.

JBS Stock Performance

Shares of JBS stock opened at $11.50 on Friday. The firm has a market capitalization of $12.76 billion, a PE ratio of 30.27 and a beta of 1.15. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.62 and a quick ratio of 0.89. The company’s fifty day moving average price is $12.13 and its two-hundred day moving average price is $10.79. JBS has a 52-week low of $6.88 and a 52-week high of $14.22.

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

JBS Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, October 17th. Shareholders of record on Monday, August 26th will be paid a $0.7106 dividend. The ex-dividend date of this dividend is Monday, August 26th. This is a positive change from JBS’s previous dividend of $0.40. JBS’s payout ratio is presently 186.84%.

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.