FirstRand Limited (OTCMKTS:FANDF – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 5,900 shares, a drop of 60.4% from the June 30th total of 14,900 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is presently 4.5 days.
FirstRand Stock Performance
FirstRand stock remained flat at $4.38 on Thursday. The company has a fifty day simple moving average of $3.89 and a 200-day simple moving average of $3.65. FirstRand has a 1-year low of $3.18 and a 1-year high of $4.38.
About FirstRand
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