Forafric Global PLC (NASDAQ:AFRIW) Short Interest Update

Forafric Global PLC (NASDAQ:AFRIW) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 400 shares, a decrease of 63.6% from the December 31st total of 1,100 shares. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is currently 0.1 days.

Forafric Global Stock Performance

Shares of Forafric Global stock opened at $1.01 on Wednesday. The firm’s 50-day simple moving average is $1.06 and its 200-day simple moving average is $1.25. Forafric Global has a 1 year low of $0.56 and a 1 year high of $1.60.

Forafric Global Company Profile

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.