Forafric Global PLC (NASDAQ:AFRIW) Short Interest Down 47.6% in December
by Danessa Lincoln · The Markets DailyForafric Global PLC (NASDAQ:AFRIW – Get Free Report) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 1,100 shares, a decline of 47.6% from the November 30th total of 2,100 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is currently 0.4 days.
Forafric Global Stock Performance
NASDAQ AFRIW remained flat at $0.99 on Friday. The company’s stock had a trading volume of 5,100 shares, compared to its average volume of 8,352. The firm has a fifty day moving average price of $1.13 and a 200-day moving average price of $1.31. Forafric Global has a 52 week low of $0.56 and a 52 week high of $1.60.
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.
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