FirstRand Limited (OTCMKTS:FANDF – Get Free Report) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 265,580 shares, a decrease of 64.9% from the June 15th total of 757,608 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.
FirstRand Stock Performance
Shares of FANDF remained flat at $5.60 during mid-day trading on Tuesday. The business’s 50-day moving average price is $5.50 and its two-hundred day moving average price is $5.53. FirstRand has a 1 year low of $4.21 and a 1 year high of $6.01.
FirstRand Company Profile
FirstRand Limited is a South African financial services group headquartered in Johannesburg. Established in 1998 through the consolidation of First National Bank of South Africa and Rand Merchant Bank, the company has grown into one of the continent’s leading providers of banking and financial products. FirstRand operates a diversified financial-services platform that spans retail, commercial and corporate banking.
The group’s main operating divisions include First National Bank (FNB), which offers personal and small-business banking; Rand Merchant Bank (RMB), specializing in corporate and investment banking; WesBank, a provider of vehicle and asset finance; and Ashburton Investments, which delivers asset management and tailored investment solutions.
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