First Resources Limited (OTCMKTS:FTROF) Short Interest Update

First Resources Limited (OTCMKTS:FTROF) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 870,191 shares, a growth of 232.6% from the June 15th total of 261,619 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

First Resources Stock Performance

Shares of FTROF stock remained flat at $2.26 during midday trading on Tuesday. The firm has a 50 day moving average of $2.26 and a 200 day moving average of $2.02. First Resources has a 12-month low of $1.20 and a 12-month high of $2.26.

First Resources Company Profile

First Resources Limited, an investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, and internationally. The company operates in two segments, Plantations and Palm Oil Mills, and Refinery and Processing. It is involved in cultivation and maintenance of oil palm plantations; harvesting and milling fresh fruit bunches into crude palm oil (CPO) and palm kernel (PK) products; and processing CPO and PK into value palm based products. The company's processed products include biodiesel, palm kernel oil, and palm kernel expeller; refined, bleached, and deodorized (RBD) palm olein; RBD palm olein; palm fatty acid distillate; and RBD stearin.