Forafric Global PLC (NASDAQ:AFRIW) Sees Large Decrease in Short Interest

Forafric Global PLC (NASDAQ:AFRIW) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 500 shares, a decrease of 89.6% from the January 31st total of 4,800 shares. Based on an average daily trading volume, of 25,700 shares, the days-to-cover ratio is currently 0.0 days.

Forafric Global Price Performance

Shares of Forafric Global stock opened at $0.84 on Friday. Forafric Global has a 12-month low of $0.56 and a 12-month high of $1.60. The company’s 50-day moving average price is $0.98 and its 200-day moving average price is $1.16.

About Forafric Global

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.