GrainCorp Limited (OTCMKTS:GRCLF) Short Interest Up 61.1% in December

GrainCorp Limited (OTCMKTS:GRCLF) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 117,852 shares, a growth of 61.1% from the December 15th total of 73,157 shares. Based on an average daily volume of 121,152 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 121,152 shares, the short-interest ratio is presently 1.0 days.

GrainCorp Stock Up 5.5%

OTCMKTS:GRCLF opened at $5.00 on Friday. The stock has a fifty day simple moving average of $5.15 and a 200-day simple moving average of $5.17. GrainCorp has a 52-week low of $3.67 and a 52-week high of $6.15.

About GrainCorp

GrainCorp Limited (OTCMKTS:GRCLF) is an Australian agribusiness and global provider of bulk storage, handling, processing and marketing services for grain and related commodities. The company’s integrated supply chain operations enable it to source grain directly from growers, manage inland storage and receival facilities across eastern Australia, and transport commodities to port terminals for domestic and international customers.

Within its core grain division, GrainCorp offers commodity marketing services, risk management solutions and logistics support for the movement of cereal grains such as wheat, barley and canola.