Forafric Global PLC (NASDAQ:AFRIW) Short Interest Down 78.1% in June

Forafric Global PLC (NASDAQ:AFRIW) saw a significant decrease in short interest in June. As of June 15th, there was short interest totalling 2,100 shares, a decrease of 78.1% from the May 31st total of 9,600 shares. Based on an average daily volume of 9,400 shares, the days-to-cover ratio is presently 0.2 days.

Forafric Global Stock Performance

Shares of AFRIW stock traded up $0.08 during trading on Thursday, hitting $1.48. 289 shares of the company were exchanged, compared to its average volume of 12,978. The business’s 50-day simple moving average is $1.31 and its 200 day simple moving average is $1.33. Forafric Global has a twelve month low of $0.73 and a twelve month high of $1.60.

Forafric Global Company Profile

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.