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

Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 376,700 shares, an increase of 234.5% from the January 31st total of 112,600 shares. Based on an average daily volume of 514,900 shares, the short-interest ratio is presently 0.7 days.

Graphene Manufacturing Group Trading Up 2.3 %

Shares of GMGMF stock traded up $0.02 during trading hours on Friday, hitting $0.70. 76,405 shares of the company’s stock were exchanged, compared to its average volume of 175,469. Graphene Manufacturing Group has a fifty-two week low of $0.26 and a fifty-two week high of $0.99. The firm has a 50 day moving average of $0.57 and a two-hundred day moving average of $0.49.

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.