Forafric Global PLC (NASDAQ:AFRIW) Short Interest Up 6.3% in August

Forafric Global PLC (NASDAQ:AFRIW) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 1,700 shares, a growth of 6.3% from the August 15th total of 1,600 shares. Based on an average trading volume of 2,600 shares, the days-to-cover ratio is presently 0.7 days.

Forafric Global Price Performance

Shares of AFRIW opened at $1.40 on Wednesday. Forafric Global has a 52-week low of $0.99 and a 52-week high of $1.60. The stock’s 50-day simple moving average is $1.45 and its 200 day simple moving average is $1.35.

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.