FirstRand Limited (OTCMKTS:FANDF) Sees Large Growth in Short Interest

FirstRand Limited (OTCMKTS:FANDF) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 76,700 shares, a growth of 13.6% from the December 31st total of 67,500 shares. Based on an average daily volume of 900 shares, the short-interest ratio is currently 85.2 days.

FirstRand Stock Performance

OTCMKTS FANDF remained flat at $3.99 during trading on Monday. The business’s fifty day moving average is $4.10 and its 200-day moving average is $4.39. FirstRand has a 12 month low of $3.35 and a 12 month high of $4.98.

FirstRand Company Profile

FirstRand Limited, together with its subsidiaries, provides transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, Europe, Asia, the United States, and Australia. The company offers deposit and savings products; personal loans; and asset and invoice finance, as well as SME commercial, residential, and buy-to-let mortgages.