Marfrig Global Foods S.A. (OTCMKTS:MRRTY) Sees Significant Drop in Short Interest

Marfrig Global Foods S.A. (OTCMKTS:MRRTY) was the recipient of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 3,900 shares, a drop of 45.1% from the May 15th total of 7,100 shares. Based on an average trading volume of 56,400 shares, the short-interest ratio is presently 0.1 days.

Marfrig Global Foods Price Performance

OTCMKTS:MRRTY traded down $0.13 during trading hours on Tuesday, hitting $4.39. 3,720 shares of the stock were exchanged, compared to its average volume of 18,937. Marfrig Global Foods has a 52-week low of $1.84 and a 52-week high of $4.98. The firm’s fifty day moving average price is $3.95 and its 200 day moving average price is $3.19.

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.