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

Jbs S.A. (OTCMKTS:JBSAY) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totalling 200 shares, a decrease of 99.0% from the September 30th total of 20,400 shares. Based on an average daily volume of 58,300 shares, the days-to-cover ratio is presently 0.0 days.

JBS Price Performance

Shares of JBS stock traded up $0.18 on Friday, hitting $12.21. 26,822 shares of the company traded hands, compared to its average volume of 44,345. The firm’s 50-day simple moving average is $12.12 and its 200 day simple moving average is $11.22. The company has a current ratio of 1.62, a quick ratio of 0.89 and a debt-to-equity ratio of 1.94. The company has a market cap of $13.54 billion, a P/E ratio of 32.13 and a beta of 1.14. JBS has a 12-month low of $7.68 and a 12-month high of $14.22.

JBS (OTCMKTS:JBSAY) last posted its quarterly earnings data on Tuesday, August 13th. The company reported $0.30 earnings per share for the quarter. The firm had revenue of $19.30 billion for the quarter, compared to analysts’ expectations of $18.95 billion. JBS had a net margin of 1.05% and a return on equity of 8.34%.

JBS Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, October 17th. Stockholders of record on Monday, August 26th were given a dividend of $0.7106 per share. The ex-dividend date of this dividend was Monday, August 26th. This is a boost from JBS’s previous dividend of $0.40. JBS’s dividend payout ratio (DPR) is 186.84%.

About JBS

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.