Forafric Global PLC (NASDAQ:AFRIW) Short Interest Down 63.6% in January

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

Forafric Global Stock Performance

Shares of NASDAQ AFRIW opened at $0.91 on Thursday. The stock’s fifty day moving average is $1.05 and its 200 day moving average is $1.25. Forafric Global has a 52 week low of $0.56 and a 52 week high of $1.60.

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.