GrainCorp Limited (OTCMKTS:GRCLF – Get Free Report) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 17,045 shares, a growth of 76.3% from the June 30th total of 9,666 shares. Based on an average trading volume of 10,257 shares, the short-interest ratio is presently 1.7 days.
GrainCorp Stock Performance
GRCLF opened at $3.75 on Thursday. GrainCorp has a 12 month low of $3.20 and a 12 month high of $6.15. The business’s 50-day moving average price is $3.56 and its 200-day moving average price is $4.14.
GrainCorp Company Profile
GrainCorp Limited (OTCMKTS:GRCLF) is an Australian agribusiness and global provider of bulk storage, handling, processing and marketing services for grain and related commodities. The company’s integrated supply chain operations enable it to source grain directly from growers, manage inland storage and receival facilities across eastern Australia, and transport commodities to port terminals for domestic and international customers.
Within its core grain division, GrainCorp offers commodity marketing services, risk management solutions and logistics support for the movement of cereal grains such as wheat, barley and canola.
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