Short Interest in Greystone Logistics, Inc. (OTCMKTS:GLGI) Rises By 2,100.0%

Greystone Logistics, Inc. (OTCMKTS:GLGI) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 2,200 shares, an increase of 2,100.0% from the October 31st total of 100 shares. Based on an average daily volume of 111,100 shares, the short-interest ratio is presently 0.0 days.

Greystone Logistics Trading Down 1.9 %

GLGI traded down $0.02 during trading on Wednesday, reaching $0.97. 21,716 shares of the company’s stock were exchanged, compared to its average volume of 35,405. The firm has a market capitalization of $27.44 million, a PE ratio of 8.82 and a beta of 1.43. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.54 and a current ratio of 2.11. Greystone Logistics has a fifty-two week low of $0.82 and a fifty-two week high of $2.35. The company’s fifty day moving average price is $1.25 and its 200-day moving average price is $1.30.

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

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.