Short Interest in Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) Increases By 10.0%

Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 139,000 shares, an increase of 10.0% from the November 30th total of 126,400 shares. Based on an average daily trading volume, of 208,900 shares, the days-to-cover ratio is currently 0.7 days.

Graphene Manufacturing Group Stock Performance

GMGMF opened at $0.45 on Thursday. The company’s 50-day simple moving average is $0.43 and its two-hundred day simple moving average is $0.45. Graphene Manufacturing Group has a 52-week low of $0.26 and a 52-week high of $1.09.

Graphene Manufacturing Group Company Profile

Graphene Manufacturing Group Ltd, a clean-technology, manufactures and supplies graphene powder. The company engages in the manufacture and sale of energy saving and energy storage solutions. Its products portfolio includes graphene aluminium-ion battery; THERMAL-XR, an HVAC coating system that enhance the conductivity of corroded heat exchange surfaces and maintain the performance of units; and G LUBRICANT, a graphene and lubricating oil.