GrainCorp Limited (OTCMKTS:GRCLF) Short Interest Update

GrainCorp Limited (OTCMKTS:GRCLF) was the recipient of a significant decline in short interest during 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 daily volume of 33,700 shares, the days-to-cover ratio is presently 4.4 days.

GrainCorp Stock Performance

OTCMKTS GRCLF traded up $0.48 during trading hours on Friday, hitting $4.82. The company had a trading volume of 10,348 shares, compared to its average volume of 8,276. The business has a 50 day moving average of $4.61 and a 200-day moving average of $5.31. GrainCorp has a 1-year low of $4.10 and a 1-year high of $6.33.

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.