Minerva S.A. (OTCMKTS:MRVSY – Get Free Report) saw a large decline in short interest in October. As of October 30th, there was short interest totaling 6,187 shares, a decline of 74.6% from the October 15th total of 24,313 shares. Based on an average daily volume of 37,725 shares, the short-interest ratio is presently 0.2 days.
Minerva Stock Up 4.6%
MRVSY traded up $0.10 during mid-day trading on Friday, reaching $2.28. The stock had a trading volume of 7,382 shares, compared to its average volume of 12,325. The firm’s fifty day simple moving average is $2.96 and its two-hundred day simple moving average is $3.27. Minerva has a 52 week low of $1.83 and a 52 week high of $5.00.
Minerva Company Profile
Minerva S.A. is a Brazil-based food company focused primarily on the production, processing and sale of beef and other animal-protein products. Its operations include cattle slaughtering, beef processing, packaged and portioned products, and the export of fresh and frozen meat. The company also produces and sells related byproducts, including hides, leather and processed ingredients. Founded in 1992 and headquartered in Barretos, São Paulo, Minerva serves retail, food-service and industrial customers.
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