Forafric Global PLC (NASDAQ:AFRIW) Short Interest Up 66.7% in September

Forafric Global PLC (NASDAQ:AFRIW) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 500 shares, an increase of 66.7% from the August 31st total of 300 shares. Based on an average trading volume of 8,800 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 8,800 shares, the days-to-cover ratio is currently 0.1 days.

Forafric Global Price Performance

Forafric Global stock opened at $0.71 on Tuesday. The company’s 50 day simple moving average is $0.60 and its 200 day simple moving average is $0.51. Forafric Global has a fifty-two week low of $0.16 and a fifty-two week high of $1.48.

About Forafric Global

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.