SLC Agrícola S.A. (OTCMKTS:SLCJY) Sees Significant Increase in Short Interest

SLC Agrícola S.A. (OTCMKTS:SLCJY) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 1,680 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 6,914 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of SLC Agrícola to a “hold” rating in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

SLC Agrícola Price Performance

SLC Agrícola stock opened at $3.56 on Thursday. SLC Agrícola has a 12 month low of $2.40 and a 12 month high of $3.94. The stock has a fifty day simple moving average of $3.17 and a two-hundred day simple moving average of $3.13.

SLC Agrícola Company Profile

SLC Agrícola SA is a Brazilian agribusiness company engaged in the production and commercialization of agricultural commodities. Its principal crops include soybeans, cotton and corn, which are cultivated on large-scale farms using mechanized production systems and agricultural technology.

Founded in 1977, the company is part of the SLC Group and has developed an integrated operating model covering land development, crop production, harvesting and the sale of agricultural products. SLC Agrícola also produces cotton fiber and related byproducts, as well as soybean and corn, serving domestic and international commodity markets.

The company operates agricultural properties in Brazil’s major farming regions, including states such as Mato Grosso, Bahia, Maranhão, Piauí, Goiás and Minas Gerais.