GrainCorp Limited (OTCMKTS:GRCLF) Short Interest Up 294.3% in January

GrainCorp Limited (OTCMKTS:GRCLF) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 626,600 shares, a growth of 294.3% from the December 31st total of 158,900 shares. Based on an average trading volume of 101,600 shares, the short-interest ratio is presently 6.2 days.

GrainCorp Price Performance

Shares of OTCMKTS:GRCLF remained flat at $4.57 during trading on Thursday. The stock had a trading volume of 1,075 shares, compared to its average volume of 2,598. GrainCorp has a one year low of $4.10 and a one year high of $6.33. The stock has a fifty day moving average price of $4.80 and a two-hundred day moving average price of $5.50.

About GrainCorp

GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. It operates through two segments, Agribusiness and Processing. The company handles and trades in wheat, barley, sorghum, corn, oilseeds, pulses, organics, animal fats, and used cooking oils and vegetable oils for animal feed purposes; handles, processes, and stores grains and oilseeds; refines, bleaches, deodorizes, and blends edible fats and oil products; and crushes, processes, manufactures, and distributes edible oils.