Nufarm Limited (OTCMKTS:NUFMF) Sees Large Growth in Short Interest

Nufarm Limited (OTCMKTS:NUFMF) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 274,100 shares, a growth of 60.7% from the September 30th total of 170,600 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 456.8 days. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 456.8 days.

Nufarm Price Performance

Shares of NUFMF opened at $0.99 on Friday. Nufarm has a 12 month low of $0.99 and a 12 month high of $3.04. The stock’s 50 day moving average is $1.54 and its two-hundred day moving average is $1.79.

About Nufarm

Nufarm Limited, together with its subsidiaries, develops, manufactures, and sells crop protection solutions and seed technologies in Europe, the Middle East, Africa, North America, and the Asia Pacific. The company operates through Crop Protection and Seed Technologies segments. The Crop Protection segment solutions include herbicides, insecticides, and fungicides that help growers protect crops against weeds, pests, and diseases.