Greene Concepts, Inc. (OTCMKTS:INKW) Sees Significant Increase in Short Interest

Greene Concepts, Inc. (OTCMKTS:INKW – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 42,502 shares, an increase of 4,250,100.0% from the September 30th total of 1 shares. Based on an average trading volume of 238,351 shares, the days-to-cover ratio is presently 0.2 days.

Greene Concepts Price Performance

Greene Concepts stock traded down $0.00 during midday trading on Monday, reaching $0.01. 1,741,244 shares of the stock traded hands, compared to its average volume of 314,220. Greene Concepts has a 12-month low of $0.00 and a 12-month high of $0.06. The business has a 50-day simple moving average of $0.01.

About Greene Concepts

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Greene Concepts, Inc is a beverage company focused on the production, marketing and distribution of bottled water and related consumer products. Its flagship brand is BE WATER, a bottled-water line positioned for retail and direct-to-consumer sales.

The company operates a beverage bottling facility in Marion, North Carolina, where it produces and packages its water products. Greene Concepts has marketed BE WATER through online channels and retail distribution, with a focus on expanding the brand’s availability in the United States.

Greene Concepts is led by Chief Executive Officer Lenny Greene.

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