FirstRand Limited (OTCMKTS:FANDF) Sees Large Decrease in Short Interest

FirstRand Limited (OTCMKTS:FANDF – Get Free Report) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 37,156 shares, a drop of 68.1% from the August 31st total of 116,382 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

FirstRand Stock Performance

OTCMKTS:FANDF remained flat at $5.82 during trading hours on Monday. The stock’s 50 day moving average is $5.72 and its 200 day moving average is $5.55. FirstRand has a fifty-two week low of $4.21 and a fifty-two week high of $6.01.

FirstRand Company Profile

(Get Free Report)

FirstRand Limited is a South African financial services group that provides banking, lending, investment, insurance and wealth-management services. The group serves individuals, businesses, corporates and institutional clients through a portfolio of established financial brands.

Its principal businesses include FNB, which offers retail and commercial banking products such as transaction accounts, payments, savings, loans and digital banking; Rand Merchant Bank (RMB), which provides corporate and investment banking, advisory, financing and markets services; and WesBank, which specializes in vehicle and asset finance.

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