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

Gulf Resources, Inc. (NASDAQ:GURE) saw a significant decrease in short interest in 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 trading 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 %

Shares of Gulf Resources stock traded down $0.00 during trading hours on Tuesday, hitting $0.71. The company’s stock had a trading volume of 1,494 shares, compared to its average volume of 133,300. Gulf Resources has a 1-year low of $0.50 and a 1-year high of $1.79. The business has a fifty day moving average of $0.69 and a 200 day moving average of $0.76. The company has a market capitalization of $7.62 million, a PE ratio of -0.08 and a beta of 0.21. The company has a quick ratio of 1.08, a current ratio of 1.11 and a debt-to-equity ratio of 0.01.

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.