First Resources Limited (OTCMKTS:FTROF) Stock Short Interest Report for September

First Resources Limited (OTCMKTS:FTROF) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 378,564 shares, an increase of 73.4% from the September 15th total of 218,307 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

First Resources Price Performance

Shares of FTROF stock traded down $0.23 during trading hours on Thursday, reaching $3.17. The company’s stock had a trading volume of 9,100 shares, compared to its average volume of 5,300. First Resources has a one year low of $3.17 and a one year high of $3.55. The firm’s fifty day simple moving average is $3.34 and its 200 day simple moving average is $2.62.

First Resources Company Profile

First Resources Limited is an integrated palm oil producer headquartered in Singapore. The company’s operations span the palm oil value chain, including the cultivation and management of oil palm plantations, harvesting of fresh fruit bunches, and processing into crude palm oil and palm kernels.

First Resources operates plantations, palm oil mills, and downstream processing facilities in Indonesia, with a significant presence in the provinces of Riau, East Kalimantan, and West Kalimantan.