Short Interest in FirstRand Limited (OTCMKTS:FANDF) Grows By 383.9%

FirstRand Limited (OTCMKTS:FANDF) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 1,159,500 shares, a growth of 383.9% from the January 15th total of 239,600 shares. Based on an average daily volume of 7,800 shares, the short-interest ratio is presently 148.7 days.

FirstRand Stock Performance

Shares of OTCMKTS FANDF remained flat at $4.20 during mid-day trading on Thursday. The stock had a trading volume of 28,580 shares, compared to its average volume of 9,187. The business’s fifty day moving average price is $4.08 and its 200-day moving average price is $4.38. FirstRand has a twelve month low of $3.35 and a twelve month high of $4.98.

FirstRand Company Profile

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.