Nufarm Limited (OTCMKTS:NUFMF – Get Free Report) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 76,613 shares, a decline of 43.7% from the September 30th total of 136,038 shares. Based on an average daily volume of 1,709 shares, the days-to-cover ratio is currently 44.8 days.
Nufarm Stock Performance
OTCMKTS:NUFMF remained flat at $2.00 during mid-day trading on Monday. Nufarm has a 12 month low of $0.99 and a 12 month high of $2.55. The stock has a 50 day simple moving average of $2.15 and a 200-day simple moving average of $1.83.
About Nufarm
Nufarm Limited is an Australia-based agricultural chemicals and seed technologies company. It develops, manufactures and markets products that help farmers manage weeds, pests and diseases and improve crop production.
The company’s crop protection portfolio includes herbicides, fungicides, insecticides, seed treatments and related products. Nufarm also develops and supplies specialty seeds and seed technologies, including products intended to support crop performance and provide traits such as improved oil profiles and other agronomic characteristics.
Founded in Australia in 1956, Nufarm has expanded into an international agricultural inputs business.
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