Greystone Logistics, Inc. (OTCMKTS:GLGI) Short Interest Update

Greystone Logistics, Inc. (OTCMKTS:GLGI) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 3,000 shares, an increase of 36.4% from the November 15th total of 2,200 shares. Based on an average daily volume of 19,800 shares, the days-to-cover ratio is presently 0.2 days.

Greystone Logistics Price Performance

Shares of Greystone Logistics stock traded up $0.01 during midday trading on Friday, hitting $1.00. 7,201 shares of the company were exchanged, compared to its average volume of 23,095. The firm has a market cap of $28.28 million, a P/E ratio of 9.09 and a beta of 1.38. The firm has a 50 day simple moving average of $1.11 and a 200-day simple moving average of $1.28. Greystone Logistics has a 52 week low of $0.82 and a 52 week high of $2.35. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.11 and a quick ratio of 1.54.

Greystone Logistics (OTCMKTS:GLGI) last posted its quarterly earnings data on Friday, October 18th. The company reported $0.01 EPS for the quarter. Greystone Logistics had a return on equity of 15.05% and a net margin of 6.00%. The company had revenue of $13.46 million for the quarter.

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.