Short Interest in First Resources Limited (OTC:FTROF) Grows By 58,200.0%

First Resources Limited (OTC:FTROF) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 58,300 shares, an increase of 58,200.0% from the August 31st total of 100 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 291.5 days. Based on an average daily volume of 200 shares, the short-interest ratio is presently 291.5 days.

First Resources Stock Performance

Shares of OTC:FTROF opened at $1.20 on Thursday. The firm has a fifty day moving average price of $1.21 and a 200 day moving average price of $1.20. First Resources has a 1-year low of $0.56 and a 1-year high of $1.53.

First Resources Company Profile

First Resources Limited, an investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, and internationally. The company operates in two segments, Plantations and Palm Oil Mills, and Refinery and Processing. It is involved in cultivation and maintenance of oil palm plantations; harvesting and milling fresh fruit bunches into crude palm oil (CPO) and palm kernel (PK) products; and processing CPO and PK into value palm based products.