It Seems JBS S.A. SPONSORED ADR BRAZIL (OTCMKTS:JBSAY) Will Go Up. Just Reported Less Shorted Shares

JBS S.A. (OTCMKTS:JBSAY) Logo

The stock of JBS S.A. SPONSORED ADR BRAZIL (OTCMKTS:JBSAY) registered a decrease of 30.79% in short interest. JBSAY’s total short interest was 23,600 shares in September as published by FINRA. Its down 30.79% from 34,100 shares, reported previously. With 254,800 shares average volume, it will take short sellers 0 days to cover their JBSAY’s short positions.

The stock increased 1.68% or $0.24 during the last trading session, reaching $14.52. About 94,099 shares traded or 8.20% up from the average. JBS S.A. (OTCMKTS:JBSAY) has 0.00% since September 13, 2018 and is . It has by 0.00% the S&P500.

JBS S.A., a food company, engages in the processing and trading of animal protein in Brazil and internationally. The company has market cap of $19.60 billion. It offers beef, pork, chicken, and lamb by-products; convenience food products; pet food and concentrates; and bresaola. It currently has negative earnings. The firm is also involved in the production, cogeneration, and commercialization of electric power; provision of cattle fattening and transportation services; management of industrial residue; production and commercialization of steel cans, plastic resin, soap base, soap bar, biodiesel, glycerin, fatty acid, collagen, and wrapper, as well as wet blue, semi-finished, and finished leather products; and purchase and sale of soybean.

More notable recent JBS S.A. (OTCMKTS:JBSAY) news were published by: Seekingalpha.com which released: “JBS S.A.: An Excellent Brazil Based Company With Diverse Global Operations – Seeking Alpha” on September 04, 2015, also Seekingalpha.com with their article: “Beaten Down JBS Is A Value Investor’s Dream Come True – Seeking Alpha” published on May 24, 2017, Seekingalpha.com published: “JBS S.A. 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” on May 14, 2019. More interesting news about JBS S.A. (OTCMKTS:JBSAY) were released by: Seekingalpha.com and their article: “JBS Down With The Rest Of The Brazilian Market – Seeking Alpha” published on September 12, 2018 as well as Seekingalpha.com‘s news article titled: “Banco Do Brasil: A Restructuring Story Trading At 8x Forward Earnings – Seeking Alpha” with publication date: March 15, 2018.

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