Short Interest in Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) Grows By 18.3%

Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 92,300 shares, an increase of 18.3% from the October 31st total of 78,000 shares. Based on an average daily volume of 190,200 shares, the short-interest ratio is presently 0.5 days.

Graphene Manufacturing Group Stock Performance

Shares of OTCMKTS:GMGMF remained flat at $0.42 during mid-day trading on Friday. 37,377 shares of the stock were exchanged, compared to its average volume of 99,169. Graphene Manufacturing Group has a 52 week low of $0.26 and a 52 week high of $1.16. The firm’s fifty day simple moving average is $0.44 and its two-hundred day simple moving average is $0.44.

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.