Itafos Inc. (OTCMKTS:MBCF) Short Interest Down 99.0% in December

Itafos Inc. (OTCMKTS:MBCF) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 500 shares, a drop of 99.0% from the November 30th total of 47,900 shares. Based on an average daily trading volume, of 13,000 shares, the days-to-cover ratio is currently 0.0 days.

Itafos Stock Performance

Shares of OTCMKTS:MBCF remained flat at $1.22 during trading hours on Friday. Itafos has a 1 year low of $0.85 and a 1 year high of $1.30. The firm’s 50-day moving average is $1.22 and its two-hundred day moving average is $1.13.

Itafos Company Profile

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.