Short Interest in Gulf Resources, Inc. (NASDAQ:GURE) Declines By 26.4%

Gulf Resources, Inc. (NASDAQ:GURE) was the recipient of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 91,500 shares, a decrease of 26.4% from the January 31st total of 124,300 shares. Based on an average daily volume of 97,400 shares, the short-interest ratio is presently 0.9 days. Approximately 1.2% of the company’s shares are short sold.

Gulf Resources Trading Down 0.0 %

GURE stock traded down $0.00 on Tuesday, hitting $0.71. 1,494 shares of the company were exchanged, compared to its average volume of 133,300. Gulf Resources has a twelve month low of $0.50 and a twelve month high of $1.79. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.11 and a quick ratio of 1.08. The business’s fifty day moving average is $0.69 and its two-hundred day moving average is $0.76. The stock has a market capitalization of $7.62 million, a price-to-earnings ratio of -0.08 and a beta of 0.21.

Gulf Resources Company Profile

Gulf Resources, Inc, through its subsidiaries, manufactures and trades bromine and crude salt, chemical products, and natural gas in the People’s Republic of China. The company operates through four segments: Bromine, Crude salt, Chemical products, and Natural gas segments. It also provides bromine for use in bromine compounds, intermediates in organic synthesis, brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants.