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

FirstRand Limited (OTCMKTS:FANDF) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 76,700 shares, a growth of 13.6% from the December 15th total of 67,500 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 85.2 days.

FirstRand Stock Performance

Shares of FANDF stock opened at $3.80 on Monday. FirstRand has a fifty-two week low of $3.35 and a fifty-two week high of $4.98. The business has a fifty day simple moving average of $4.16 and a 200-day simple moving average of $4.41.

About FirstRand

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.