FirstRand Limited (OTCMKTS:FANDF) Sees Large Decline in Short Interest

FirstRand Limited (OTCMKTS:FANDF) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 64,700 shares, a decline of 95.2% from the February 28th total of 1,359,900 shares. Based on an average daily trading volume, of 6,300 shares, the short-interest ratio is currently 10.3 days.

FirstRand Trading Up 6.2 %

FANDF stock traded up $0.25 during mid-day trading on Friday, hitting $4.28. 561 shares of the company were exchanged, compared to its average volume of 3,983. The business has a fifty day simple moving average of $4.02 and a 200-day simple moving average of $4.29. FirstRand has a 12-month low of $3.35 and a 12-month high of $4.98.

About FirstRand

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.