Marfrig Global Foods S.A. (OTCMKTS:MRRTY) Sees Large Increase in Short Interest

Marfrig Global Foods S.A. (OTCMKTS:MRRTY) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 7,600 shares, an increase of 850.0% from the January 31st total of 800 shares. Based on an average daily volume of 23,100 shares, the days-to-cover ratio is presently 0.3 days.

Marfrig Global Foods Stock Performance

Shares of MRRTY stock traded up $0.08 during mid-day trading on Thursday, reaching $2.53. The company’s stock had a trading volume of 15,220 shares, compared to its average volume of 7,720. The company’s 50 day simple moving average is $2.64 and its 200-day simple moving average is $2.64. Marfrig Global Foods has a 12-month low of $1.79 and a 12-month high of $3.48.

Marfrig Global Foods Company Profile

Marfrig Global Foods SA, through its subsidiaries, operates in the food industry in Brazil and internationally. It operates through Beef North America; Beef South America; and Poultry, Pork and Processed Products BRF segments. The company produces, processes, distributes, and sells animal-based proteins, such as beef, pork, lamb, fish, and poultry; pastas, margarine, pet food, and plant-based proteins; hamburgers; and various ready-to-eat products, including frozen vegetables, lamb, fish, and sauces.