Short Interest in Forafric Global PLC (NASDAQ:AFRIW) Expands By 872.7%

Forafric Global PLC (NASDAQ:AFRIW) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 10,700 shares, a growth of 872.7% from the March 31st total of 1,100 shares. Based on an average daily volume of 10,200 shares, the short-interest ratio is currently 1.0 days.

Forafric Global Stock Down 4.0 %

NASDAQ:AFRIW traded down $0.05 during midday trading on Thursday, hitting $1.20. The company had a trading volume of 4,399 shares, compared to its average volume of 12,550. Forafric Global has a 52-week low of $0.30 and a 52-week high of $1.60. The stock’s fifty day moving average price is $1.25 and its 200-day moving average price is $1.31.

About Forafric Global

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.