Golden Agri-Resources Ltd (OTCMKTS:GARPY – Get Free Report) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 148 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 81 shares, the days-to-cover ratio is presently 1.8 days.
Golden Agri-Resources Stock Performance
OTCMKTS:GARPY remained flat at $22.25 during mid-day trading on Wednesday. The company’s 50 day moving average price is $22.03 and its two-hundred day moving average price is $22.65. Golden Agri-Resources has a 1 year low of $18.29 and a 1 year high of $25.04.
About Golden Agri-Resources
Golden Agri-Resources Ltd (GAR) is one of the world’s largest palm oil plantation companies. The firm’s core business covers the cultivation and harvesting of oil palm, processing fresh fruit bunches into crude palm oil and palm kernel oil, and refining these into a variety of edible oils, specialty fats, biodiesel and oleochemical products. GAR’s vertically integrated model spans upstream plantation management, midstream milling and downstream refining and distribution.
Incorporated in 1996 and headquartered in Singapore, GAR was listed on the Singapore Exchange in 1999 and trades on the U.S.
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