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

Forafric Global PLC (NASDAQ:AFRIW) was the target of a significant 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 trading volume of 10,200 shares, the short-interest ratio is currently 1.0 days.

Forafric Global Price Performance

NASDAQ AFRIW traded down $0.05 during trading on Thursday, reaching $1.20. 4,399 shares of the company’s stock were exchanged, compared to its average volume of 12,550. Forafric Global has a fifty-two week low of $0.30 and a fifty-two week high of $1.60. The business has a 50 day moving average price of $1.25 and a 200-day moving average price of $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.