Short Interest in Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) Expands By 707.0%

Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) was the recipient of a large growth in short interest in 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 volume of 20,900 shares, the days-to-cover ratio is currently 141.6 days.

Ganfeng Lithium Group Price Performance

GNENF stock traded down $0.08 during mid-day trading on Friday, reaching $2.61. 21,018 shares of the stock traded hands, compared to its average volume of 10,035. The stock’s fifty day moving average is $2.89 and its 200-day moving average is $2.51. Ganfeng Lithium Group has a 52-week low of $1.75 and a 52-week high of $3.85.

Ganfeng Lithium Group Company Profile

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.