Amira Nature Foods Ltd Ordinary Shares (NYSE:ANFI) Can’t Be Less Risky. Short Interest Decreased

June 18, 2018 - By Jan Rainey

Amira Nature Foods Ltd. (NYSE:ANFI) Logo

The stock of Amira Nature Foods Ltd Ordinary Shares (NYSE:ANFI) registered a decrease of 10.14% in short interest. ANFI’s total short interest was 1.85M shares in June as published by FINRA. Its down 10.14% from 2.06M shares, reported previously. With 147,400 shares average volume, it will take short sellers 13 days to cover their ANFI’s short positions. The short interest to Amira Nature Foods Ltd Ordinary Shares’s float is 7.99%.

The stock increased 1.58% or $0.04 during the last trading session, reaching $2.57. About 141,865 shares traded. Amira Nature Foods Ltd. (NYSE:ANFI) has declined 54.22% since June 18, 2017 and is downtrending. It has underperformed by 66.79% the S&P500.

Amira Nature Foods Ltd. engages in processing, sourcing, and selling packaged Indian specialty rice. The company has market cap of $109.06 million. The firm provides various types of basmati rice, other specialty rice and other food products, ready-to-eat snacks, edible oils, and organic products for retailers under the Amira brand; and non-basmati rice. It has a 3.06 P/E ratio. It also sells bulk commodities, including wheat, barley, legume, maize, sugar, soybean meal, onion, potato, and millet products to trading firms.

More news for Amira Nature Foods Ltd. (NYSE:ANFI) were recently published by: Seekingalpha.com, which released: “Amira Nature Foods: An Indian Compounding Machine Trading Below One-Third Of Its Net Current Assets” on May 31, 2018. Seekingalpha.com‘s article titled: “Amira, Please Don’t Ghost Us – Let’s Talk” and published on May 23, 2018 is yet another important article.

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