FirstRand Limited (OTCMKTS:FANDF – Get Free Report) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 108,918 shares, a drop of 59.0% from the June 30th total of 265,580 shares. Based on an average trading volume of 11 shares, the days-to-cover ratio is currently 9,901.6 days.
FirstRand Price Performance
FirstRand stock opened at $5.60 on Monday. FirstRand has a fifty-two week low of $4.21 and a fifty-two week high of $6.01. The firm has a fifty day moving average price of $5.60 and a two-hundred day moving average price of $5.56.
About FirstRand
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.
Featured Stories
- Five stocks we like better than FirstRand
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Receive News & Ratings for FirstRand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstRand and related companies with MarketBeat.com's FREE daily email newsletter.
