Jbs S.A. (OTCMKTS:JBSAY) Short Interest Up 32.8% in July

Jbs S.A. (OTCMKTS:JBSAY) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totalling 8,500 shares, an increase of 32.8% from the July 15th total of 6,400 shares. Based on an average daily trading volume, of 130,000 shares, the days-to-cover ratio is presently 0.1 days.

JBS Stock Down 0.1 %

Shares of JBSAY stock traded down $0.01 during trading hours on Thursday, reaching $13.47. The company had a trading volume of 186,479 shares, compared to its average volume of 124,662. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.90 and a current ratio of 1.68. JBS has a twelve month low of $6.88 and a twelve month high of $13.96. The company has a market capitalization of $14.94 billion, a P/E ratio of 35.45 and a beta of 1.13. The stock’s fifty day simple moving average is $11.46 and its 200 day simple moving average is $10.11.

JBS (OTCMKTS:JBSAY) last issued its quarterly earnings results on Tuesday, May 14th. The company reported $0.30 EPS for the quarter. JBS had a return on equity of 4.39% and a net margin of 0.56%. The firm had revenue of $18 billion during the quarter, compared to the consensus estimate of $17.84 billion.

JBS Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, October 17th. Shareholders of record on Monday, August 26th will be issued a dividend of $0.7106 per share. The ex-dividend date of this dividend is Monday, August 26th. This is an increase from JBS’s previous dividend of $0.40. JBS’s dividend payout ratio (DPR) is currently 102.63%.

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.