First Resources Limited (OTCMKTS:FTROF – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 378,564 shares, a growth of 73.4% from the September 15th total of 218,307 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
First Resources Trading Down 6.8%
OTCMKTS:FTROF traded down $0.23 during midday trading on Thursday, reaching $3.17. 9,100 shares of the stock traded hands, compared to its average volume of 5,300. The company has a fifty day moving average of $3.34 and a 200 day moving average of $2.62. First Resources has a 12 month low of $3.17 and a 12 month high of $3.55.
About First Resources
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.
See Also
- Five stocks we like better than First Resources
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
- Fastenal Flashes Bullish Signal as Uptrend Holds Despite Margin Pressure
- Synopsys Signals Confidence With $1B Accelerated Buyback, Analysts Raise Targets
Receive News & Ratings for First Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Resources and related companies with MarketBeat.com's FREE daily email newsletter.
