Short Interest in Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) Increases By 156.7%

Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 227,700 shares, a growth of 156.7% from the March 31st total of 88,700 shares. Based on an average trading volume of 223,100 shares, the short-interest ratio is currently 1.0 days.

Graphene Manufacturing Group Stock Performance

Shares of GMGMF traded down $0.05 during mid-day trading on Monday, hitting $0.45. 421,308 shares of the company traded hands, compared to its average volume of 157,524. The business has a 50 day moving average of $0.56 and a 200 day moving average of $0.51. Graphene Manufacturing Group has a 1-year low of $0.26 and a 1-year high of $0.85.

About Graphene Manufacturing Group

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.