Short Interest in Marfrig Global Foods S.A. (OTCMKTS:MRRTY) Grows By 202.7%

Marfrig Global Foods S.A. (OTCMKTS:MRRTY) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 78,400 shares, a growth of 202.7% from the March 31st total of 25,900 shares. Based on an average daily volume of 37,100 shares, the days-to-cover ratio is presently 2.1 days.

Marfrig Global Foods Stock Up 2.7 %

Shares of OTCMKTS MRRTY traded up $0.05 during trading on Friday, hitting $1.90. The company had a trading volume of 2,902 shares, compared to its average volume of 16,873. Marfrig Global Foods has a fifty-two week low of $1.17 and a fifty-two week high of $2.18. The stock has a fifty day simple moving average of $1.92 and a two-hundred day simple moving average of $1.79.

About Marfrig Global Foods

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.