Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) Sees Large Growth in Short Interest

Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 113,300 shares, an increase of 17.5% from the September 15th total of 96,400 shares. Based on an average daily trading volume, of 128,500 shares, the days-to-cover ratio is currently 0.9 days.

Graphene Manufacturing Group Stock Down 5.7 %

OTCMKTS:GMGMF traded down $0.03 on Tuesday, hitting $0.43. The stock had a trading volume of 91,225 shares, compared to its average volume of 99,730. Graphene Manufacturing Group has a 52 week low of $0.26 and a 52 week high of $1.35. The business’s fifty day moving average is $0.45 and its 200 day moving average is $0.43.

About Graphene Manufacturing Group

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.