Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) Short Interest Down 86.9% in March

Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 88,700 shares, a decrease of 86.9% from the March 15th total of 676,100 shares. Based on an average daily volume of 309,200 shares, the days-to-cover ratio is currently 0.3 days.

Graphene Manufacturing Group Stock Performance

Shares of Graphene Manufacturing Group stock traded down $0.01 during trading on Monday, hitting $0.46. The stock had a trading volume of 128,392 shares, compared to its average volume of 160,508. Graphene Manufacturing Group has a 1 year low of $0.26 and a 1 year high of $0.85. The stock has a 50 day simple moving average of $0.60 and a 200 day simple moving average of $0.51.

Graphene Manufacturing Group Company Profile

Graphene Manufacturing Group Ltd, a clean-technology, manufactures and supplies graphene powder. The company engages in the manufacture and sale of energy saving and energy storage solutions. Its products portfolio includes graphene aluminium-ion battery; THERMAL-XR, an HVAC coating system that enhance the conductivity of corroded heat exchange surfaces and maintain the performance of units; and G LUBRICANT, a graphene and lubricating oil.