GrainCorp Limited (OTCMKTS:GRCLF) Short Interest Up 61.1% in December

GrainCorp Limited (OTCMKTS:GRCLF) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 117,852 shares, an increase of 61.1% from the December 15th total of 73,157 shares. Based on an average daily volume of 121,152 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 121,152 shares, the short-interest ratio is presently 1.0 days.

GrainCorp Stock Up 5.5%

OTCMKTS:GRCLF opened at $5.00 on Friday. The stock’s fifty day moving average price is $5.16 and its two-hundred day moving average price is $5.17. GrainCorp has a 52-week low of $3.67 and a 52-week high of $6.15.

GrainCorp Company Profile

GrainCorp Limited (OTCMKTS:GRCLF) is an Australian agribusiness and global provider of bulk storage, handling, processing and marketing services for grain and related commodities. The company’s integrated supply chain operations enable it to source grain directly from growers, manage inland storage and receival facilities across eastern Australia, and transport commodities to port terminals for domestic and international customers.

Within its core grain division, GrainCorp offers commodity marketing services, risk management solutions and logistics support for the movement of cereal grains such as wheat, barley and canola.