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

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

Marfrig Global Foods Price Performance

Shares of OTCMKTS:MRRTY traded down $0.04 during trading on Monday, hitting $2.81. 1,437 shares of the stock were exchanged, compared to its average volume of 6,520. Marfrig Global Foods has a 1-year low of $1.55 and a 1-year high of $3.48. The company’s fifty day simple moving average is $2.86 and its 200-day simple moving average is $2.52.

Marfrig Global Foods Increases Dividend

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