Fortescue Ltd (OTCMKTS:FSUMF – Get Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totalling 9,479,100 shares, an increase of 19.0% from the July 15th total of 7,968,600 shares. Based on an average daily trading volume, of 13,400 shares, the short-interest ratio is presently 707.4 days.
Fortescue Price Performance
Shares of OTCMKTS FSUMF opened at $11.55 on Friday. The stock’s 50-day moving average is $13.86 and its 200 day moving average is $16.07. Fortescue has a 1-year low of $10.65 and a 1-year high of $19.90.
Fortescue Company Profile
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