Forafric Global PLC (NASDAQ:AFRIW) Short Interest Down 47.6% in December

Forafric Global PLC (NASDAQ:AFRIW) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 1,100 shares, a decrease of 47.6% from the November 30th total of 2,100 shares. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is currently 0.4 days.

Forafric Global Price Performance

Shares of AFRIW opened at $0.99 on Friday. Forafric Global has a 12 month low of $0.56 and a 12 month high of $1.60. The stock’s 50 day moving average is $1.13 and its two-hundred day moving average is $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.