Fortescue Ltd (OTCMKTS:FSUMF – Get Free Report) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 4,719,700 shares, a decline of 35.2% from the September 15th total of 7,282,400 shares. Based on an average daily trading volume, of 54,100 shares, the short-interest ratio is currently 87.2 days.
Fortescue Price Performance
Shares of FSUMF stock traded up $0.03 on Monday, hitting $13.60. The stock had a trading volume of 10,596 shares, compared to its average volume of 8,794. Fortescue has a twelve month low of $10.40 and a twelve month high of $19.90. The company has a fifty day moving average price of $12.33 and a two-hundred day moving average price of $14.61.
About Fortescue
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