First Resources Limited (OTCMKTS:FTROF – Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 218,307 shares, a growth of 101.8% from the August 31st total of 108,205 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
First Resources Stock Performance
Shares of OTCMKTS:FTROF remained flat at $3.55 during mid-day trading on Monday. The business’s 50-day moving average is $3.03 and its 200 day moving average is $2.47. First Resources has a 1-year low of $1.20 and a 1-year high of $3.55.
First Resources Company Profile
First Resources Limited is an integrated palm oil producer headquartered in Singapore. The company’s operations span the palm oil value chain, including the cultivation and management of oil palm plantations, harvesting of fresh fruit bunches, and processing into crude palm oil and palm kernels.
First Resources operates plantations, palm oil mills, and downstream processing facilities in Indonesia, with a significant presence in the provinces of Riau, East Kalimantan, and West Kalimantan.
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