Today INDOFOOD AGRI RESOURCES LTD UNSPONSORED (OTCMKTS:INDFY) Reported Decrease in Shorted Shares

The stock of INDOFOOD AGRI RESOURCES LTD UNSPONSORED (OTCMKTS:INDFY) registered a decrease of 50% in short interest. INDFY’s total short interest was 100 shares in July as published by FINRA. Its down 50% from 200 shares, reported previously. With 200 shares average volume, it will take short sellers 1 days to cover their INDFY’s short positions.

It closed at $10.74 lastly. It is up 0.00% since July 11, 2018 and is . It has underperformed by 4.43% the S&P500.

Indofood Agri Resources Ltd., a vertically integrated agribusiness company, engages in the research and development, oil palm seed breeding, cultivation of oil palm plantations, production and refining of crude palm oil, cultivation of rubber, and sugar cane and industrial timber plantations activities. The company has market cap of $332.94 million. It operates in two divisions, Plantations, and Edible Oils and Fats. It has a 71.6 P/E ratio. The Plantations segment is involved in the development and maintenance of oil palm, rubber, and sugar cane plantations; and other business activities relating to palm oil, rubber, and sugar cane processing, marketing, and selling.

More notable recent Indofood Agri Resources Ltd. (OTCMKTS:INDFY) news were published by: Investorplace.com which released: “4 Japanese Stocks With Big Comeback Potential – Investorplace.com” on June 12, 2017, also Globenewswire.com with their article: “B2Digital Forms B2 Fighting Series Official Training Facility Program – GlobeNewswire” published on April 09, 2019, Seekingalpha.com published: “India stock market slides as financials slump – Seeking Alpha” on September 21, 2018. More interesting news about Indofood Agri Resources Ltd. (OTCMKTS:INDFY) were released by: Seekingalpha.com and their article: “Prometic Life Sciences Inc. 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” published on April 02, 2019 as well as Seekingalpha.com‘s news article titled: “Indofood Agri Resources: Material Risks From 42 Percent Contested Landbank And Labor Issues – Seeking Alpha” with publication date: March 07, 2017.

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