FirstRand Limited (OTCMKTS:FANDF) Short Interest Update

FirstRand Limited (OTCMKTS:FANDF) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 1,159,500 shares, an increase of 383.9% from the January 15th total of 239,600 shares. Based on an average trading volume of 7,800 shares, the days-to-cover ratio is currently 148.7 days.

FirstRand Stock Performance

Shares of FANDF remained flat at $4.20 during mid-day trading on Wednesday. The company’s 50-day simple moving average is $4.08 and its 200 day simple moving average is $4.38. FirstRand has a 12-month low of $3.35 and a 12-month high of $4.98.

FirstRand Company Profile

FirstRand Limited, together with its subsidiaries, provides transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, Europe, Asia, the United States, and Australia. The company offers deposit and savings products; personal loans; and asset and invoice finance, as well as SME commercial, residential, and buy-to-let mortgages.