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

Marfrig Global Foods S.A. (OTCMKTS:MRRTY) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 800 shares, a decline of 89.5% from the February 13th total of 7,600 shares. Based on an average daily volume of 16,000 shares, the short-interest ratio is presently 0.1 days.

Marfrig Global Foods Price Performance

MRRTY traded up $0.12 during trading on Wednesday, reaching $2.69. 19,594 shares of the stock were exchanged, compared to its average volume of 7,618. Marfrig Global Foods has a twelve month low of $1.80 and a twelve month high of $3.48. The stock’s 50 day moving average price is $2.63 and its two-hundred day moving average price is $2.65.

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.