Forafric Global PLC (NASDAQ:AFRIW) Sees Significant Increase in Short Interest

Forafric Global PLC (NASDAQ:AFRIW) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 10,700 shares, an increase of 872.7% from the March 31st total of 1,100 shares. Based on an average daily volume of 10,200 shares, the days-to-cover ratio is presently 1.0 days.

Forafric Global Stock Performance

NASDAQ AFRIW opened at $1.20 on Friday. The company has a fifty day moving average of $1.25 and a 200 day moving average of $1.31. Forafric Global has a 1 year low of $0.30 and a 1 year high of $1.60.

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.