GrainCorp Limited (OTCMKTS:GRCLF) Short Interest Up 15.8% in November

GrainCorp Limited (OTCMKTS:GRCLF) was the recipient of a significant growth in short interest in November. As of November 30th, there was short interest totalling 183,200 shares, a growth of 15.8% from the November 15th total of 158,200 shares. Based on an average trading volume of 8,100 shares, the days-to-cover ratio is presently 22.6 days.

GrainCorp Stock Performance

Shares of GRCLF traded up $0.90 during trading hours on Monday, reaching $5.15. The company had a trading volume of 134,628 shares, compared to its average volume of 4,486. GrainCorp has a 12-month low of $4.25 and a 12-month high of $6.33. The firm has a 50 day simple moving average of $5.55 and a 200-day simple moving average of $5.75.

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.