Marfrig Global Foods S.A. (OTCMKTS:MRRTY) Short Interest Up 545.2% in May

Marfrig Global Foods S.A. (OTCMKTS:MRRTY – Get Rating) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 27,100 shares, an increase of 545.2% from the April 30th total of 4,200 shares. Based on an average daily trading volume, of 128,900 shares, the days-to-cover ratio is currently 0.2 days.

Marfrig Global Foods Stock Down 0.8 %

Marfrig Global Foods stock traded down $0.01 during midday trading on Friday, hitting $1.30. The stock had a trading volume of 85,332 shares, compared to its average volume of 167,157. Marfrig Global Foods has a 12 month low of $1.17 and a 12 month high of $4.04. The business has a fifty day moving average price of $1.30 and a 200 day moving average price of $1.49.

About Marfrig Global Foods

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Marfrig Global Foods SA engages in the production, processing, and trade of meat products and food made from animal proteins. It operates through the following reportable business segments: Beef and Keystone. The Beef segment engages in marketing, promotion, and export of beef. The Keystone segment is a supplier of processed food made from animal protein to global restaurant chains, with operations concentrated in the United States and Asia.