FirstRand Limited (OTCMKTS:FANDF) Short Interest Down 84.4% in August

FirstRand Limited (OTCMKTS:FANDF) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 500 shares, a drop of 84.4% from the August 15th total of 3,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

FirstRand Price Performance

OTCMKTS:FANDF remained flat at $4.97 during midday trading on Thursday. The company’s 50 day moving average is $4.44 and its 200-day moving average is $3.87. FirstRand has a 1-year low of $3.18 and a 1-year high of $4.97.

FirstRand Company Profile

FirstRand Limited, together with its subsidiaries, provides transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, Europe, Asia, the United States, and Australia. The company offers deposit and savings products; personal loans; and asset and invoice finance, as well as SME commercial, residential, and buy-to-let mortgages.