SLC Agrícola S.A. (OTCMKTS:SLCJY) Sees Large Growth in Short Interest

SLC Agrícola S.A. (OTCMKTS:SLCJY) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 1,680 shares. Based on an average daily volume of 6,914 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised SLC Agrícola to a “hold” rating in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock has an average rating of “Hold”.

SLC Agrícola Stock Up 3.1%

Shares of SLCJY stock opened at $3.64 on Wednesday. The firm has a 50 day moving average of $3.15 and a 200-day moving average of $3.13. SLC Agrícola has a 52 week low of $2.40 and a 52 week high of $3.94.

About SLC Agrícola

SLC Agrícola SA is a Brazilian agribusiness company engaged in the production and commercialization of agricultural commodities. Its principal crops include soybeans, cotton and corn, which are cultivated on large-scale farms using mechanized production systems and agricultural technology.

Founded in 1977, the company is part of the SLC Group and has developed an integrated operating model covering land development, crop production, harvesting and the sale of agricultural products. SLC Agrícola also produces cotton fiber and related byproducts, as well as soybean and corn, serving domestic and international commodity markets.

The company operates agricultural properties in Brazil’s major farming regions, including states such as Mato Grosso, Bahia, Maranhão, Piauí, Goiás and Minas Gerais.