Brf Brasil Foods SA (NYSE:BRFS) Shorted Shares Increased By 12.39%

The stock of Brf Brasil Foods SA (NYSE:BRFS) registered an increase of 12.39% in short interest. BRFS’s total short interest was 2.73 million shares in March as published by FINRA. Its up 12.39% from 2.43 million shares, reported previously. With 1.58 million shares average volume, it will take short sellers 2 days to cover their BRFS’s short positions. The short interest to Brf Brasil Foods SA’s float is 0.35%. The stock decreased 0.30% or $0.04 during the last trading session, hitting $13.44. About 1.40M shares traded hands. BRF SA (ADR) (NYSE:BRFS) has declined 32.26% since July 27, 2015 and is downtrending. It has underperformed by 27.94% the S&P500.

BRF SA is a Brazil-based food company. The company has a market cap of $11.52 billion. The Firm produces fresh and frozen protein foods, margarine, sweet specialties, sandwiches, mayonnaise and animal feed and markets these products under Sadia, Perdigao and Qualy brands. It has 18.54 P/E ratio.

Out of 6 analysts covering BRF S.A. (NYSE:BRFS), 3 rate it “Buy”, 2 “Sell”, while 1 “Hold”. This means 50% are positive. BRF S.A. was the topic in 6 analyst reports since September 16, 2015 according to StockzIntelligence Inc.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Add Comment