Forafric Global PLC (NASDAQ:AFRIW) Sees Large Increase in Short Interest

Forafric Global PLC (NASDAQ:AFRIW) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 2,100 shares, an increase of 200.0% from the November 15th total of 700 shares. Based on an average daily volume of 1,900 shares, the days-to-cover ratio is presently 1.1 days.

Forafric Global Price Performance

Shares of NASDAQ AFRIW traded up $0.02 during mid-day trading on Friday, hitting $1.03. The stock had a trading volume of 104 shares, compared to its average volume of 8,311. Forafric Global has a twelve month low of $0.56 and a twelve month high of $1.60. The company has a 50 day moving average of $1.18 and a two-hundred day moving average of $1.34.

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.