Itafos Inc. (OTCMKTS:MBCF) Short Interest Up 140.0% in October

Itafos Inc. (OTCMKTS:MBCF) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 4,800 shares, an increase of 140.0% from the October 15th total of 2,000 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 2.0 days.

Itafos Trading Down 2.2 %

Shares of Itafos stock traded down $0.03 on Wednesday, hitting $1.26. 13,050 shares of the company traded hands, compared to its average volume of 7,744. Itafos has a 12-month low of $0.85 and a 12-month high of $1.30. The company has a 50-day moving average price of $1.19 and a 200 day moving average price of $1.09.

Itafos Company Profile

Itafos Inc operates as a phosphate and specialty fertilizer company. It operates through Conda, Arrais, and Development and Exploration segments. The company produces and sells monoammonium phosphate (MAP), MAP with micronutrients, superphosphoric acid, merchant grade phosphoric acid, ammonium polyphosphate, hydrofluorosilicic acid, direct application phosphate rock, single superphosphate (SSP), SSP with micronutrients, and sulfuric acid.