Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) Short Interest Update

Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 376,700 shares, an increase of 234.5% from the January 31st total of 112,600 shares. Based on an average daily trading volume, of 514,900 shares, the days-to-cover ratio is presently 0.7 days.

Graphene Manufacturing Group Stock Down 7.0 %

Shares of GMGMF stock traded down $0.05 during midday trading on Friday, reaching $0.65. 134,668 shares of the stock were exchanged, compared to its average volume of 174,422. Graphene Manufacturing Group has a 1 year low of $0.26 and a 1 year high of $0.95. The company’s 50 day moving average is $0.57 and its two-hundred day moving average is $0.49.

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.