3 days Ago By Defense World Staff
Forafric Global PLC ( NASDAQ:AFRI – Get Free Report ) saw a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 299,700 shares, a drop of 6.7% from the October 15th total of 321,300 shares.
Based on an average daily volume of 9,200 shares, the short-interest ratio is presently 32.6 days. Currently, 5.
5% of the company’s stock are short sold. Institutional Trading of Forafric Global A number of hedge funds and other institutional investors have recently made changes to their positions in AFRI. State Street Corp raised its holdings in shares of Forafric Global by 2.
0% in the third quarter. State Street Corp now owns 50,236 shares of the company’s stock valued at $570,000 after purchasing an additional 1,000 shares during the last quarter. Barclays PLC increased its holdings in Forafric Global by 57.
1% during the third quarter. Barclays PLC now owns 15,522 shares of the company’s stock worth $176,000 after buying an additional 5,641 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in Forafric Global by 6.
7% during the third quarter. Geode Capital Management LLC now owns 69,758 shares of the company’s stock worth $791,000 after buying an additional 4,361 shares during the last quarter. 5.
49% of the stock is currently owned by institutional investors and hedge funds. Forafric Global Trading Up 0.1 % NASDAQ AFRI opened at $10.
17 on Tuesday. Forafric Global has a 12-month low of $9.63 and a 12-month high of $12.
00. The firm’s 50 day moving average is $10.77 and its 200-day moving average is $10.
90. 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 provides wheat flours and semolina; and secondary processing products, such as pasta and couscous under the TRIA and MayMouna brand names.
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