Forafric Global PLC (NASDAQ:AFRIW) Sees Significant Drop in Short Interest

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

Forafric Global Stock Performance

Shares of AFRIW stock opened at $0.91 on Thursday. Forafric Global has a twelve month low of $0.56 and a twelve month high of $1.60. The business has a fifty day simple moving average of $1.05 and a 200 day simple moving average of $1.25.

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.