GrainCorp Limited (OTCMKTS:GRCLF) Short Interest Update

GrainCorp Limited (OTCMKTS:GRCLFGet Free Report) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 361,400 shares, a growth of 5.1% from the May 15th total of 343,700 shares. Based on an average daily trading volume, of 5,100 shares, the days-to-cover ratio is presently 70.9 days.

GrainCorp Stock Up 1.8 %

Shares of OTCMKTS:GRCLF opened at $5.80 on Thursday. The company has a 50 day moving average of $5.52 and a 200 day moving average of $5.25. GrainCorp has a 12 month low of $4.13 and a 12 month high of $6.29.

GrainCorp Company Profile

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GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. It operates through two segments, Agribusiness and Processing. The company handles and trades in wheat, barley, sorghum, corn, oilseeds, pulses, organics, animal fats, and used cooking oils and vegetable oils for animal feed purposes; handles, processes, and stores grains and oilseeds; refines, bleaches, deodorizes, and blends edible fats and oil products; and crushes, processes, manufactures, and distributes edible oils.

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