FirstRand Limited (OTCMKTS:FANDF) Short Interest Up 80.0% in September

FirstRand Limited (OTCMKTS:FANDF) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 900 shares, an increase of 80.0% from the August 31st total of 500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 9.0 days.

FirstRand Stock Performance

Shares of FANDF remained flat at $4.98 during midday trading on Friday. FirstRand has a twelve month low of $3.18 and a twelve month high of $4.98. The stock’s 50-day moving average is $4.60 and its two-hundred day moving average is $3.99.

About FirstRand

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.