Short Interest in Greystone Logistics, Inc. (OTCMKTS:GLGI) Expands By 250.0%

Greystone Logistics, Inc. (OTCMKTS:GLGI) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 700 shares, an increase of 250.0% from the February 13th total of 200 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 37,100 shares, the days-to-cover ratio is presently 0.0 days.

Greystone Logistics Stock Down 2.2 %

Shares of GLGI traded down $0.02 during mid-day trading on Friday, hitting $1.03. 18,810 shares of the company’s stock were exchanged, compared to its average volume of 26,470. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.52 and a current ratio of 2.05. The company has a market cap of $28.63 million, a price-to-earnings ratio of 14.67 and a beta of 1.35. The stock’s 50-day moving average is $1.02 and its 200-day moving average is $1.15. Greystone Logistics has a fifty-two week low of $0.89 and a fifty-two week high of $1.98.

Greystone Logistics (OTCMKTS:GLGI) last released its quarterly earnings data on Tuesday, January 14th. The company reported ($0.01) earnings per share (EPS) for the quarter. Greystone Logistics had a net margin of 4.23% and a return on equity of 9.78%.

About Greystone Logistics

Greystone Logistics, Inc, through its subsidiaries, manufactures and markets plastic pallets and pelletized recycled plastic resins in the United States. The company offers rackable, can, nestable, display, monoblock, half-barrel and slim keg stackable, drum, and mid duty pallets. It sells its pallets directly, as well as through a network of independent contractor distributors.