Elders Limited (OTCMKTS:EDESY – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 1,635 shares, an increase of 32,600.0% from the October 15th total of 5 shares. Based on an average daily volume of 323 shares, the days-to-cover ratio is presently 5.1 days.
Elders Price Performance
Shares of OTCMKTS:EDESY traded up $0.72 during midday trading on Tuesday, reaching $23.04. The company had a trading volume of 5,625 shares, compared to its average volume of 5,180. Elders has a 52-week low of $22.06 and a 52-week high of $23.07. The company’s 50 day moving average price is $19.66 and its 200 day moving average price is $19.27.
Elders Company Profile
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.
Further Reading
- Five stocks we like better than Elders
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for Elders Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Elders and related companies with MarketBeat.com's FREE daily email newsletter.
