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

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

Greystone Logistics Trading Down 1.0 %

OTCMKTS:GLGI opened at $0.96 on Thursday. Greystone Logistics has a 52 week low of $0.82 and a 52 week high of $2.35. The firm has a 50 day moving average of $1.25 and a 200 day moving average of $1.30. The company has a quick ratio of 1.54, a current ratio of 2.11 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $27.15 million, a price-to-earnings ratio of 8.82 and a beta of 1.43.

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

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.