Short Interest in Forafric Global PLC (NASDAQ:AFRIW) Drops By 80.0%

Forafric Global PLC (NASDAQ:AFRIW) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a decrease of 80.0% from the February 13th total of 500 shares. Based on an average daily volume of 26,500 shares, the days-to-cover ratio is currently 0.0 days.

Forafric Global Stock Performance

Shares of AFRIW traded up $0.08 during mid-day trading on Wednesday, reaching $0.67. The stock had a trading volume of 5,515 shares, compared to its average volume of 14,959. Forafric Global has a 12 month low of $0.50 and a 12 month high of $1.60. The business has a fifty day moving average of $0.93 and a 200 day moving average of $1.11.

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.