Itafos Inc. (OTCMKTS:MBCF) Short Interest Down 66.7% in April

Itafos Inc. (OTCMKTS:MBCF) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 800 shares, a drop of 66.7% from the March 31st total of 2,400 shares. Based on an average daily volume of 10,800 shares, the days-to-cover ratio is presently 0.1 days.

Itafos Stock Performance

Shares of OTCMKTS:MBCF traded up $0.02 during trading on Thursday, reaching $0.99. The stock had a trading volume of 3,500 shares, compared to its average volume of 5,665. Itafos has a fifty-two week low of $0.85 and a fifty-two week high of $1.54. The business has a fifty day moving average price of $0.93 and a 200-day moving average price of $0.95.

About Itafos

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.