Short Interest in GrainCorp Limited (OTCMKTS:GRCLF) Expands By 294.3%

GrainCorp Limited (OTCMKTS:GRCLF) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 626,600 shares, a growth of 294.3% from the December 31st total of 158,900 shares. Based on an average trading volume of 101,600 shares, the short-interest ratio is presently 6.2 days.

GrainCorp Stock Performance

Shares of OTCMKTS GRCLF traded down $0.02 during midday trading on Tuesday, hitting $4.57. The company’s stock had a trading volume of 870 shares, compared to its average volume of 2,743. The stock has a fifty day moving average price of $4.81 and a 200 day moving average price of $5.51. GrainCorp has a one year low of $4.10 and a one 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.