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

SLC Agrícola S.A. (OTCMKTS:SLCJY) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 163,460 shares, an increase of 1,369.2% from the June 15th total of 11,126 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 321,706 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded SLC Agrícola to a “hold” rating in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

SLC Agrícola Trading Up 3.6%

SLC Agrícola stock traded up $0.10 during midday trading on Friday, hitting $2.76. The stock had a trading volume of 45,279 shares, compared to its average volume of 34,269. SLC Agrícola has a 52-week low of $2.40 and a 52-week high of $3.94. The company has a market capitalization of $1.38 billion and a PE ratio of 5.28. The firm’s fifty day moving average is $3.02 and its two-hundred day moving average is $3.15.

About SLC Agrícola

SLC Agrícola is one of Brazil’s leading agricultural producers, engaged in the cultivation and sale of row crops across multiple regions of the country. Founded in 1977, the company has grown through land acquisition, farm modernization and strategic partnerships to become a major force in Latin American agriculture. Its integrated model spans land preparation, planting, harvesting and distribution, supported by a fleet of modern machinery and agronomic expertise.

The company’s core crops include soybeans, cotton, corn and sugarcane, with production tailored to meet both domestic demand and international export markets.