Short Interest in Itafos Inc. (OTCMKTS:MBCF) Rises By 150.0%

Itafos Inc. (OTCMKTS:MBCF) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 2,000 shares, a growth of 150.0% from the August 31st total of 800 shares. Based on an average trading volume of 28,700 shares, the days-to-cover ratio is presently 0.1 days.

Itafos Stock Up 4.5 %

Shares of OTCMKTS MBCF traded up $0.05 during mid-day trading on Friday, hitting $1.16. The company had a trading volume of 6,100 shares, compared to its average volume of 8,371. Itafos has a 12 month low of $0.85 and a 12 month high of $1.30. The business’s 50-day simple moving average is $1.11 and its 200-day simple moving average is $1.03.

About Itafos

Itafos Inc operates as a phosphate and specialty fertilizer company. It operates through Conda, Arrais, and Development and Exploration segments. The company produces and sells monoammonium phosphate (MAP), MAP with micronutrients, superphosphoric acid, merchant grade phosphoric acid, ammonium polyphosphate, hydrofluorosilicic acid, direct application phosphate rock, single superphosphate (SSP), SSP with micronutrients, and sulfuric acid.