Itafos Inc. (OTCMKTS:MBCF) Short Interest Update

Itafos Inc. (OTCMKTS:MBCF) saw 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 trading volume, of 10,800 shares, the days-to-cover ratio is currently 0.1 days.

Itafos Stock Performance

Shares of Itafos stock traded up $0.02 during midday trading on Thursday, hitting $0.99. The company had a trading volume of 3,500 shares, compared to its average volume of 5,665. The company has a fifty day simple moving average of $0.93 and a 200 day simple moving average of $0.95. Itafos has a 12-month low of $0.85 and a 12-month high of $1.54.

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.