Short Interest in Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) Increases By 156.7%

Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 227,700 shares, an increase of 156.7% from the March 31st total of 88,700 shares. Based on an average trading volume of 223,100 shares, the days-to-cover ratio is presently 1.0 days.

Graphene Manufacturing Group Trading Down 10.4 %

OTCMKTS GMGMF traded down $0.05 during trading on Monday, reaching $0.45. 421,308 shares of the company’s stock traded hands, compared to its average volume of 157,524. The company’s 50 day simple moving average is $0.56 and its two-hundred day simple moving average is $0.51. Graphene Manufacturing Group has a 12-month low of $0.26 and a 12-month high of $0.85.

Graphene Manufacturing Group Company Profile

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.