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

Forafric Global PLC (NASDAQ:AFRIW) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 1,100 shares, a drop 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 Price Performance

NASDAQ:AFRIW opened at $0.99 on Friday. Forafric Global has a twelve month low of $0.56 and a twelve month high of $1.60. The company’s 50-day moving average price is $1.13 and its 200-day moving average price is $1.31.

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.