Marfrig Global Foods S.A. (OTCMKTS:MRRTY) Short Interest Down 59.5% in December

Marfrig Global Foods S.A. (OTCMKTS:MRRTY) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 5,300 shares, a decline of 59.5% from the November 30th total of 13,100 shares. Based on an average daily volume of 220,800 shares, the short-interest ratio is currently 0.0 days.

Marfrig Global Foods Price Performance

Shares of MRRTY stock traded up $0.02 during trading hours on Friday, hitting $2.62. The stock had a trading volume of 12,605 shares, compared to its average volume of 22,712. The stock’s 50 day moving average is $2.82 and its 200 day moving average is $2.46. Marfrig Global Foods has a twelve month low of $1.55 and a twelve month high of $3.48.

Marfrig Global Foods Increases Dividend

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

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.