Forafric Global PLC (NASDAQ:AFRI – Get Rating) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 18,200 shares, a growth of 250.0% from the February 28th total of 5,200 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily volume of 19,200 shares, the days-to-cover ratio is currently 0.9 days.

Forafric Global Stock Performance

NASDAQ:AFRI opened at $11.14 on Tuesday. Forafric Global has a one year low of $4.61 and a one year high of $16.37. The company has a quick ratio of 0.45, a current ratio of 0.67 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average price of $11.20 and a 200 day moving average price of $11.22.

Institutional Trading of Forafric Global

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Clear Street LLC purchased a new stake in Forafric Global during the 3rd quarter worth $1,036,000. Barclays PLC bought a new stake in Forafric Global during the third quarter worth approximately $412,000. UBS Group AG boosted its holdings in Forafric Global by 1,543.9% during the third quarter. UBS Group AG now owns 19,710 shares of the company's stock worth $222,000 after buying an additional 18,511 shares in the last quarter. Finally, Citadel Advisors LLC bought a new stake in Forafric Global during the third quarter worth approximately $298,000. 1.59% of the stock is currently owned by institutional investors and hedge funds.

About Forafric Global

(Get Rating)

Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco and Sub-Saharan Africa. The company offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands.

Read More

• Get a free copy of the StockNews.com research report on Forafric Global (AFRI)
• 3 High Yields On Breakout Watch With Analyst Tailwinds
• Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
• 3 Financials The Insiders Are Buying
• Can Carnival Cruise Lines Set Sail For New Highs?
• If Safety is Your Concern, Then Take a Look at Sandy Spring Bank

Receive News & Ratings for Forafric Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forafric Global and related companies with MarketBeat.com's FREE daily email newsletter.