GrainCorp Limited (OTCMKTS:GRCLF) Short Interest Update

GrainCorp Limited (OTCMKTS:GRCLF) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 28,694 shares, a growth of 213.9% from the May 31st total of 9,140 shares. Based on an average trading volume of 15,426 shares, the short-interest ratio is currently 1.9 days.

GrainCorp Price Performance

Shares of GrainCorp stock remained flat at $3.51 during trading hours on Monday. The company’s stock had a trading volume of 6,660 shares, compared to its average volume of 22,855. GrainCorp has a one year low of $3.20 and a one year high of $6.15. The company’s 50-day moving average is $3.93 and its two-hundred day moving average is $4.38.

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.