FirstRand Limited (OTCMKTS:FANDF) Sees Large Growth in Short Interest

FirstRand Limited (OTCMKTS:FANDF) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 76,700 shares, an increase of 13.6% from the December 31st total of 67,500 shares. Based on an average trading volume of 900 shares, the short-interest ratio is presently 85.2 days.

FirstRand Price Performance

FANDF remained flat at $3.99 during trading on Monday. The company has a fifty day moving average price of $4.10 and a 200 day moving average price of $4.39. FirstRand has a 52 week low of $3.35 and a 52 week high of $4.98.

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.