FirstRand Limited (OTCMKTS:FANDF – Get Free Report) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 20,395 shares, a decline of 45.1% from the September 15th total of 37,156 shares. Based on an average trading volume of 10 shares, the short-interest ratio is currently 2,039.5 days.
FirstRand Price Performance
Shares of FirstRand stock remained flat at $5.21 during midday trading on Friday. The business has a 50 day moving average price of $5.70 and a 200 day moving average price of $5.56. FirstRand has a 12 month low of $4.64 and a 12 month high of $6.01.
About FirstRand
FirstRand Limited is a South African financial services group headquartered in Johannesburg. Listed on the Johannesburg Stock Exchange, the group provides banking, lending, investment, insurance-related and wealth-management services through a portfolio of financial brands.
Its principal businesses include First National Bank (FNB), which offers personal, business and commercial banking products; 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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