Short Interest in GrainCorp Limited (OTCMKTS:GRCLF) Declines By 10.0%

GrainCorp Limited (OTCMKTS:GRCLF) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totalling 325,200 shares, a decline of 10.0% from the May 31st total of 361,400 shares. Based on an average daily volume of 5,200 shares, the short-interest ratio is presently 62.5 days.

GrainCorp Price Performance

Shares of OTCMKTS:GRCLF opened at $5.72 on Wednesday. GrainCorp has a 12 month low of $4.13 and a 12 month high of $6.29. The stock’s 50 day moving average price is $5.61 and its 200 day moving average price is $5.31.

GrainCorp Company Profile

GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. It operates through two segments, Agribusiness and Processing. The company handles and trades in wheat, barley, sorghum, corn, oilseeds, pulses, organics, animal fats, and used cooking oils and vegetable oils for animal feed purposes; handles, processes, and stores grains and oilseeds; refines, bleaches, deodorizes, and blends edible fats and oil products; and crushes, processes, manufactures, and distributes edible oils.