Elders Limited (OTCMKTS:EDESY) Stock Short Interest Rises 32,600.0%

Elders Limited (OTCMKTS:EDESY – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 1,635 shares, a growth of 32,600.0% from the October 15th total of 5 shares. Based on an average daily trading volume, of 323 shares, the days-to-cover ratio is presently 5.1 days.

Elders Price Performance

Shares of OTCMKTS:EDESY opened at $23.04 on Thursday. The stock’s 50-day moving average price is $19.81 and its two-hundred day moving average price is $19.31. Elders has a 12-month low of $22.06 and a 12-month high of $23.07.

About Elders

(Get Free Report)

Elders Limited is an Australian agribusiness that supplies products and services to farmers and other rural customers. Its rural merchandise offerings include agricultural chemicals, seed, fertiliser, animal health products and general farm supplies. The company also provides livestock, wool and grain marketing services, along with rural real estate services. Its feed and processing activities support the livestock sector and connect agricultural producers with domestic and export markets. Elders traces its origins to Adelaide in 1839 and has since grown into a nationwide rural services business.

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