FirstRand Limited (OTCMKTS:FANDF – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 37,156 shares, a drop of 68.1% from the August 31st total of 116,382 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.
FirstRand Price Performance
Shares of FANDF remained flat at $5.82 during trading hours on Friday. The company has a 50-day moving average price of $5.72 and a 200 day moving average price of $5.55. FirstRand has a 1-year low of $4.21 and a 1-year high of $6.01.
About FirstRand
FirstRand Limited is a South African financial services group that provides banking, lending, investment, insurance and wealth-management services. The group serves individuals, businesses, corporates and institutional clients through a portfolio of established financial brands.
Its principal businesses include FNB, which offers retail and commercial banking products such as transaction accounts, payments, savings, loans and digital banking; Rand Merchant Bank (RMB), which provides corporate and investment banking, advisory, financing and markets services; and WesBank, which specializes in vehicle and asset finance.
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