Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) Short Interest Down 13.6% in October

Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totalling 97,900 shares, a decline of 13.6% from the September 30th total of 113,300 shares. Based on an average daily trading volume, of 172,500 shares, the days-to-cover ratio is presently 0.6 days.

Graphene Manufacturing Group Stock Performance

Shares of GMGMF remained flat at $0.46 during trading hours on Thursday. The company had a trading volume of 109,621 shares, compared to its average volume of 98,800. Graphene Manufacturing Group has a 52-week low of $0.26 and a 52-week high of $1.35. The stock has a 50-day moving average price of $0.46 and a 200-day moving average price of $0.43.

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.