Short Interest in Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) Increases By 30.9%

Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) saw a large increase in short interest in March. As of March 31st, there was short interest totaling 9,709,611 shares, an increase of 30.9% from the March 15th total of 7,417,897 shares. Based on an average daily volume of 8,967 shares, the short-interest ratio is presently 1,082.8 days.

Ganfeng Lithium Group Stock Performance

Shares of Ganfeng Lithium Group stock opened at $10.00 on Thursday. Ganfeng Lithium Group has a one year low of $2.21 and a one year high of $10.70. The stock’s 50-day moving average is $8.31 and its 200 day moving average is $7.34.

About Ganfeng Lithium Group

Ganfeng Lithium Group Co, Ltd. (OTCMKTS: GNENF) is one of the world’s leading producers of lithium compounds and materials, with its headquarters in Xinyu, Jiangxi Province, China. Established in December 2000, the company specializes in the extraction, refining and processing of lithium resources, serving as a key supplier to the global electric vehicle and battery industries. Ganfeng’s product portfolio includes battery-grade lithium carbonate, lithium hydroxide and metal lithium, which are integral raw materials for lithium-ion batteries, glass and ceramics, lubricants and other industrial applications.

The company’s core operations encompass upstream mining and exploration, midstream refining and downstream electrode materials and recycling services.