Short Interest in Forafric Global PLC (NASDAQ:AFRIW) Expands By 200.0%

Forafric Global PLC (NASDAQ:AFRIW) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 2,100 shares, an increase of 200.0% from the November 15th total of 700 shares. Based on an average trading volume of 1,900 shares, the days-to-cover ratio is presently 1.1 days.

Forafric Global Stock Up 2.0 %

Shares of NASDAQ AFRIW traded up $0.02 during mid-day trading on Friday, hitting $1.03. 104 shares of the company’s stock traded hands, compared to its average volume of 8,311. Forafric Global has a 1 year low of $0.56 and a 1 year high of $1.60. The company’s 50-day moving average is $1.18 and its two-hundred day moving average is $1.34.

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.