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

Forafric Global PLC (NASDAQ:AFRIW) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 10,700 shares, an increase of 872.7% from the March 31st total of 1,100 shares. Based on an average trading volume of 10,200 shares, the days-to-cover ratio is currently 1.0 days.

Forafric Global Stock Down 4.0 %

Shares of Forafric Global stock opened at $1.20 on Friday. Forafric Global has a 12-month low of $0.30 and a 12-month high of $1.60. The stock has a 50 day moving average price of $1.25 and a two-hundred day moving average price of $1.31.

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.