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

Greystone Logistics, Inc. (OTCMKTS:GLGI) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 5,000 shares, a growth of 614.3% from the February 28th total of 700 shares. Based on an average daily volume of 20,000 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short.

Greystone Logistics Stock Up 2.0 %

Greystone Logistics stock traded up $0.02 during mid-day trading on Friday, hitting $1.05. 18,700 shares of the company’s stock were exchanged, compared to its average volume of 24,333. Greystone Logistics has a 1-year low of $0.89 and a 1-year high of $1.98. The stock has a 50 day moving average of $1.02 and a two-hundred day moving average of $1.12. The stock has a market cap of $29.20 million, a P/E ratio of 14.96 and a beta of 1.35. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.42.

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

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.