Jbs S.A. (OTCMKTS:JBSAY) Sees Large Increase in Short Interest

Jbs S.A. (OTCMKTS:JBSAY - Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 228,900 shares, a growth of 207.7% from the April 30th total of 74,400 shares. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 586,600 shares, the days-to-cover ratio is presently 0.4 days.

JBS Stock Performance

Shares of OTCMKTS:JBSAY traded down $0.36 during trading on Friday, reaching $14.15. The stock had a trading volume of 122,805 shares, compared to its average volume of 164,059. JBS has a 52 week low of $10.18 and a 52 week high of $18.02. The stock has a fifty day simple moving average of $14.81 and a two-hundred day simple moving average of $12.96. The firm has a market capitalization of $15.69 billion, a price-to-earnings ratio of 11.41 and a beta of 0.81. The company has a quick ratio of 0.85, a current ratio of 1.47 and a debt-to-equity ratio of 1.80.

JBS (OTCMKTS:JBSAY - Get Free Report) last issued its earnings results on Tuesday, May 13th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.45 by $0.01. The company had revenue of $19.53 billion for the quarter, compared to the consensus estimate of $18.67 billion. JBS had a net margin of 1.79% and a return on equity of 14.29%.

JBS Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, January 12th. Investors of record on Monday, May 5th will be paid a dividend of $0.6594 per share. The ex-dividend date is Friday, May 2nd. This represents a yield of 10.07%. JBS's payout ratio is 115.34%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Stephens raised shares of JBS to a "strong-buy" rating in a research note on Wednesday. Barclays reissued an "overweight" rating on shares of JBS in a research report on Thursday, March 27th.

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.