Short Interest in Focus Graphite Inc. (OTCMKTS:FCSMF) Decreases By 93.9%

Focus Graphite Inc. (OTCMKTS:FCSMF) saw a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 12,100 shares, a decrease of 93.9% from the October 15th total of 197,400 shares. Based on an average trading volume of 53,200 shares, the days-to-cover ratio is presently 0.2 days.

Focus Graphite Stock Performance

FCSMF traded down $0.00 during trading on Tuesday, hitting $0.06. 21,535 shares of the company traded hands, compared to its average volume of 17,429. The stock’s 50-day simple moving average is $0.07 and its two-hundred day simple moving average is $0.09. Focus Graphite has a 1 year low of $0.06 and a 1 year high of $0.18.

Focus Graphite Company Profile

Focus Graphite Inc, an exploration stage company, acquires, explores, and develops mineral properties in Quebec, Canada. The company explores for graphite, iron, copper, rare-earth elements, and gold deposits. Its flagship project is the Lac Knife property in which it holds 100% interests that consists of 62 claims covering an area of 3,248.18 hectares located in the Côte Nord region of Québec.