Forafric Global PLC (NASDAQ:AFRIW) Short Interest Up 4,700.0% in January

Forafric Global PLC (NASDAQ:AFRIW) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 4,800 shares, a growth of 4,700.0% from the January 15th total of 100 shares. Based on an average trading volume of 6,100 shares, the days-to-cover ratio is currently 0.8 days.

Forafric Global Stock Performance

Shares of NASDAQ:AFRIW traded up $0.08 on Wednesday, hitting $0.90. 14,177 shares of the company were exchanged, compared to its average volume of 8,883. The company’s 50 day moving average price is $1.01 and its two-hundred day moving average price is $1.20. Forafric Global has a one year low of $0.56 and a one year high of $1.60.

Forafric Global Company Profile

Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, Angola, and internationally. The company offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands.