GrainCorp Limited (OTCMKTS:GRCLF) Short Interest Update
by Michael Walen · The Markets DailyGrainCorp Limited (OTCMKTS:GRCLF – Get Free Report) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 28,694 shares, a growth of 213.9% from the May 31st total of 9,140 shares. Based on an average daily volume of 15,426 shares, the days-to-cover ratio is currently 1.9 days.
GrainCorp Price Performance
GRCLF stock traded up $0.06 during trading on Friday, reaching $3.51. 6,660 shares of the stock were exchanged, compared to its average volume of 22,855. The business has a 50 day moving average price of $3.93 and a 200-day moving average price of $4.38. GrainCorp has a 1 year low of $3.20 and a 1 year high of $6.15.
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.