GrainCorp Limited (OTCMKTS:GRCLF) Short Interest Update

GrainCorp Limited (OTCMKTS:GRCLF) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 626,600 shares, an increase of 294.3% from the December 15th total of 158,900 shares. Based on an average daily volume of 101,600 shares, the days-to-cover ratio is currently 6.2 days.

GrainCorp Stock Down 0.4 %

Shares of OTCMKTS:GRCLF traded down $0.02 during trading on Wednesday, reaching $4.56. The company’s stock had a trading volume of 1,393 shares, compared to its average volume of 3,816. The firm’s 50 day simple moving average is $4.99 and its two-hundred day simple moving average is $5.58. GrainCorp has a 12 month low of $4.10 and a 12 month high of $6.33.

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.