Could MARFRIG GLOBAL FOODS SA SPONSORED ADR B (OTCMKTS:MRRTY) See a Reversal After More Sellers Came In?

The stock of MARFRIG GLOBAL FOODS SA SPONSORED ADR B (OTCMKTS:MRRTY) registered an increase of 12.99% in short interest. MRRTY’s total short interest was 20,000 shares in March as published by FINRA. Its up 12.99% from 17,700 shares, reported previously. With 19,800 shares average volume, it will take short sellers 1 days to cover their MRRTY’s short positions.

The stock increased 0.38% or $0.006 during the last trading session, reaching $1.57. About 3,392 shares traded. Marfrig Global Foods S.A. (OTCMKTS:MRRTY) has 0.00% since March 17, 2018 and is . It has underperformed by 4.37% the S&P500.

Marfrig Global Foods S.A. operates in the food and food service industries in Brazil and internationally. The company has market cap of $985.30 million. The firm operates through Marfrig Beef and Keystone divisions. It currently has negative earnings. It is involved in the production, processing, distribution, and sale of animal protein comprising beef, lamb, and poultry; and various other food products, such as breaded products, ready-to-eat meals, fish, frozen vegetables, desserts, and others.

More notable recent Marfrig Global Foods S.A. (OTCMKTS:MRRTY) news were published by: Seekingalpha.com which released: “Seven Generations Energy (SVRGF) Investor Presentation – Slideshow – Seeking Alpha” on January 10, 2019, also Seekingalpha.com with their article: “Disrupted Industries In Secular Change With Diminished Moats As Fertile Ground For Shorts – Example: Woolworths Ltd. – Seeking Alpha” published on July 06, 2016, Seekingalpha.com published: “Deep Value Investing With BR Properties – Seeking Alpha” on April 24, 2018. More interesting news about Marfrig Global Foods S.A. (OTCMKTS:MRRTY) were released by: Seekingalpha.com and their article: “Marfrig Global Foods SA ADR 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” published on November 06, 2018 as well as Seekingalpha.com‘s news article titled: “Elron Electronic Industries: Bargain Price With Outstanding Potential – Seeking Alpha” with publication date: December 03, 2014.

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