Itafos Inc. (OTCMKTS:MBCF) Sees Significant Decrease in Short Interest

Itafos Inc. (OTCMKTS:MBCF) saw a significant drop in short interest in January. As of January 31st, there was short interest totalling 200 shares, a drop of 80.0% from the January 15th total of 1,000 shares. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is currently 0.1 days.

Itafos Price Performance

MBCF traded up $0.06 during trading on Wednesday, reaching $1.40. The company’s stock had a trading volume of 4,000 shares, compared to its average volume of 9,370. Itafos has a 52-week low of $0.85 and a 52-week high of $1.41. The company’s fifty day moving average price is $1.29 and its 200-day moving average price is $1.21.

Itafos Company Profile

Itafos Inc operates as a phosphate and specialty fertilizer company. It operates through Conda, Arrais, and Development and Exploration segments. The company produces and sells monoammonium phosphate (MAP), MAP with micronutrients, superphosphoric acid, merchant grade phosphoric acid, ammonium polyphosphate, hydrofluorosilicic acid, direct application phosphate rock, single superphosphate (SSP), SSP with micronutrients, and sulfuric acid.