FirstRand Limited (OTCMKTS:FANDF) Short Interest Up 14.0% in November

FirstRand Limited (OTCMKTS:FANDF) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 67,500 shares, an increase of 14.0% from the November 15th total of 59,200 shares. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is presently 9.1 days.

FirstRand Price Performance

Shares of OTCMKTS FANDF remained flat at $4.35 during midday trading on Monday. 42,571 shares of the company traded hands, compared to its average volume of 1,248. FirstRand has a one year low of $3.35 and a one year high of $4.98. The firm has a 50-day moving average of $4.38 and a 200-day moving average of $4.36.

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.