Focus Graphite Inc. (OTCMKTS:FCSMF) Short Interest Update

Focus Graphite Inc. (OTCMKTS:FCSMF) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 4,490 shares, a drop of 96.3% from the July 15th total of 121,170 shares. Based on an average daily trading volume, of 83,810 shares, the short-interest ratio is presently 0.1 days.

Focus Graphite Price Performance

Shares of OTCMKTS:FCSMF traded up $0.00 during trading on Thursday, hitting $0.28. 3,462 shares of the stock were exchanged, compared to its average volume of 44,746. The company has a fifty day moving average price of $0.28 and a two-hundred day moving average price of $0.28. Focus Graphite has a 12-month low of $0.18 and a 12-month high of $0.54.

About Focus Graphite

Focus Graphite Inc (OTCMKTS:FCSMF) is a mineral exploration and development company headquartered in Montreal, Quebec. The company is primarily focused on advancing its flagship Lac Knife flake graphite project in the Gaspésie region of eastern Quebec. Lac Knife hosts a near-surface deposit of high?quality graphite, and Focus Graphite holds 100% interest in the property. The company’s efforts are centered on resource delineation, environmental permitting and moving the project through feasibility-level studies.

To support project advancement, Focus Graphite has completed technical studies, including a preliminary economic assessment, metallurgical testing and engineering evaluations.