GrainCorp Limited (OTCMKTS:GRCLF) Short Interest Update

GrainCorp Limited (OTCMKTS:GRCLF) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 4,400 shares, a decrease of 29.0% from the September 30th total of 6,200 shares. Based on an average daily volume of 3,900 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 3,900 shares, the short-interest ratio is currently 1.1 days.

GrainCorp Stock Down 2.2%

Shares of GRCLF traded down $0.12 during midday trading on Monday, hitting $5.50. 120 shares of the company traded hands, compared to its average volume of 7,988. The firm has a 50 day moving average of $5.50 and a 200-day moving average of $4.97. GrainCorp has a 52 week low of $3.67 and a 52 week high of $6.15.

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.