Short Interest in Marfrig Global Foods S.A. (OTCMKTS:MRRTY) Declines By 84.9%

Marfrig Global Foods S.A. (OTCMKTS:MRRTY) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totalling 800 shares, a decline of 84.9% from the December 31st total of 5,300 shares. Based on an average daily volume of 18,300 shares, the days-to-cover ratio is presently 0.0 days.

Marfrig Global Foods Trading Up 7.3 %

Shares of OTCMKTS MRRTY traded up $0.20 during midday trading on Tuesday, hitting $2.88. The stock had a trading volume of 470 shares, compared to its average volume of 5,151. The business’s 50 day moving average is $2.83 and its 200-day moving average is $2.56. Marfrig Global Foods has a 52 week low of $1.55 and a 52 week high of $3.48.

Marfrig Global Foods Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 16th were issued a $0.4873 dividend. This is a positive change from Marfrig Global Foods’s previous dividend of $0.00. The ex-dividend date was Monday, December 16th.

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.