Itafos Inc. (OTCMKTS:MBCF) Sees Large Drop in Short Interest

Itafos Inc. (OTCMKTS:MBCF) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 500 shares, a decrease of 99.0% from the November 30th total of 47,900 shares. Based on an average trading volume of 13,000 shares, the days-to-cover ratio is presently 0.0 days.

Itafos Stock Performance

Shares of MBCF stock remained flat at $1.22 during trading hours on Friday. Itafos has a 12 month low of $0.85 and a 12 month high of $1.30. The company has a 50-day simple moving average of $1.22 and a 200 day simple moving average of $1.13.

About Itafos

Itafos Inc operates as a phosphate and specialty fertilizer company. It operates through Conda, Arrais, and Development and Exploration segments. The company produces and sells monoammonium phosphate (MAP), MAP with micronutrients, superphosphoric acid, merchant grade phosphoric acid, ammonium polyphosphate, hydrofluorosilicic acid, direct application phosphate rock, single superphosphate (SSP), SSP with micronutrients, and sulfuric acid.