GrainCorp Limited (OTCMKTS:GRCLF) Short Interest Update

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

GrainCorp Trading Up 11.0 %

OTCMKTS GRCLF traded up $0.48 during trading hours on Friday, hitting $4.82. 10,348 shares of the stock were exchanged, compared to its average volume of 8,276. GrainCorp has a 12-month low of $4.10 and a 12-month high of $6.33. The stock has a 50-day moving average of $4.61 and a 200 day moving average of $5.31.

GrainCorp Company Profile

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.