Short Interest in FirstRand Limited (OTCMKTS:FANDF) Rises By 13.6%

FirstRand Limited (OTCMKTS:FANDF) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 76,700 shares, a growth of 13.6% from the December 31st total of 67,500 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 85.2 days.

FirstRand Stock Performance

Shares of FirstRand stock remained flat at $3.99 during mid-day trading on Monday. The stock has a 50-day moving average price of $4.10 and a 200-day moving average price of $4.39. 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.