Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) Sees Large Increase in Short Interest

Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENFGet Free Report) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,958,400 shares, a growth of 707.0% from the November 30th total of 366,600 shares. Based on an average daily trading volume, of 20,900 shares, the short-interest ratio is presently 141.6 days.

Ganfeng Lithium Group Stock Up 3.4 %

Ganfeng Lithium Group stock traded up $0.09 during mid-day trading on Thursday, reaching $2.69. 16,378 shares of the company were exchanged, compared to its average volume of 9,991. The firm’s 50-day simple moving average is $2.89 and its two-hundred day simple moving average is $2.51. Ganfeng Lithium Group has a twelve month low of $1.75 and a twelve month high of $3.85.

About Ganfeng Lithium Group

(Get Free Report)

Ganfeng Lithium Group Co, Ltd. manufactures and sells lithium products in Mainland China, rest of Asia, the European Union, North America, and internationally. It operates through three segments: Lithium Metal and Compound, Lithium Battery, and Lithium Ore Resource and Others. The company has interests in the Mount Marion mine located in Australia; Cauchari-Olaroz project situated in Jujuy Province, Northwest Argentina; Mariana project located in Salta Province, Argentina; Sonora project situated in Mexico; Pilbara Pilgangoora lithium-tantalum project located in Western Australia; Ningdu Heyuan mine situated in Ningdu County, Ganzhou City, Jiangxi Province; Avalonia project located in Ireland; Qinghai Yiliping lithium salt lake project situated in the Qinghai Province; Goulamina spodumene ore project located in southern Mali, Africa; PPG lithium salt-lake project located in Salta Province, Argentina; and Songshugang tantalum-niobium mine project located in Jiangxi Province.

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