Forafric Global PLC (NASDAQ:AFRIW) Short Interest Up 1,700.0% in March

Forafric Global PLC (NASDAQ:AFRIW) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,800 shares, an increase of 1,700.0% from the February 28th total of 100 shares. Based on an average daily trading volume, of 27,000 shares, the days-to-cover ratio is currently 0.1 days.

Forafric Global Trading Up 14.2 %

AFRIW traded up $0.09 during trading on Wednesday, reaching $0.74. The company’s stock had a trading volume of 6,955 shares, compared to its average volume of 14,421. Forafric Global has a 1 year low of $0.50 and a 1 year high of $1.60. The firm has a fifty day simple moving average of $0.85 and a two-hundred day simple moving average of $1.06.

Forafric Global Company Profile

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.