Minerva S.A. (OTCMKTS:MRVSY) Short Interest Down 63.1% in June

Minerva S.A. (OTCMKTS:MRVSY) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 4,819 shares, a decline of 63.1% from the May 31st total of 13,069 shares. Based on an average daily trading volume, of 21,848 shares, the days-to-cover ratio is presently 0.2 days.

Minerva Price Performance

Shares of OTCMKTS:MRVSY remained flat at $3.09 during mid-day trading on Tuesday. The business’s 50 day simple moving average is $3.22 and its 200-day simple moving average is $3.69. Minerva has a one year low of $2.82 and a one year high of $5.39.

Minerva Company Profile

Minerva SA produces and sells fresh meat, livestock, and by-products in South America and internationally. The company is also involved in slaughtering, deboning, and processing of cattle, meat, beef, and sheep meat; selling chilled, frozen, and processed meat, as well as beef, pork, and poultry products; exporting and selling live cattle; and breeding and selling live cattle, lambs, pigs, and other live animals. In addition, it trades in and sells electric power; trades in food products and carbon credits; sells third parties' brands primarily Swift products; and prepares products for animals, which include meat/bone meal, blood, and tallow.