Short Interest in GrainCorp Limited (OTCMKTS:GRCLF) Declines By 84.2%

GrainCorp Limited (OTCMKTS:GRCLF) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 147,300 shares, a decrease of 84.2% from the January 31st total of 934,000 shares. Based on an average daily volume of 33,700 shares, the short-interest ratio is presently 4.4 days.

GrainCorp Stock Performance

GRCLF stock traded down $0.51 during mid-day trading on Thursday, hitting $4.34. The stock had a trading volume of 1,038 shares, compared to its average volume of 8,211. GrainCorp has a 1-year low of $4.10 and a 1-year high of $6.33. The company has a fifty day moving average of $4.61 and a 200 day moving average of $5.32.

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.