FirstRand Limited (OTCMKTS:FANDF) Sees Significant Decline in Short Interest

FirstRand Limited (OTCMKTS:FANDFGet Free Report) was the target of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 12,200 shares, a decrease of 13.5% from the May 15th total of 14,100 shares. Based on an average daily trading volume, of 8,200 shares, the short-interest ratio is presently 1.5 days.

FirstRand Stock Performance

FANDF remained flat at $3.75 during trading on Monday. The company has a fifty day moving average price of $3.59 and a 200-day moving average price of $3.59. FirstRand has a 1-year low of $3.08 and a 1-year high of $3.92.

FirstRand Company Profile

(Get Free Report)

FirstRand Limited, together with its subsidiaries, provides transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, Europe, Asia, the United States, and Australia. The company offers deposit and savings products; personal loans; and asset and invoice finance, as well as SME commercial, residential, and buy-to-let mortgages.

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