Short Interest in Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) Grows By 348.9%

Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 4,791,700 shares, a growth of 348.9% from the February 13th total of 1,067,500 shares. Based on an average daily volume of 8,400 shares, the days-to-cover ratio is presently 570.4 days.

Ganfeng Lithium Group Stock Performance

OTCMKTS GNENF traded up $0.09 on Wednesday, hitting $2.86. 5,797 shares of the company’s stock were exchanged, compared to its average volume of 5,961. The firm’s 50-day moving average price is $2.67 and its two-hundred day moving average price is $2.69. Ganfeng Lithium Group has a fifty-two week low of $1.75 and a fifty-two week high of $3.65.

Ganfeng Lithium Group Company Profile

Ganfeng Lithium Group Co, Ltd. manufactures and sells lithium products in Mainland China, rest of Asia, the European Union, North America, and internationally. It operates through three segments: Lithium Metal and Compound, Lithium Battery, and Lithium Ore Resource and Others. The company has interests in the Mount Marion mine located in Australia; Cauchari-Olaroz project situated in Jujuy Province, Northwest Argentina; Mariana project located in Salta Province, Argentina; Sonora project situated in Mexico; Pilbara Pilgangoora lithium-tantalum project located in Western Australia; Ningdu Heyuan mine situated in Ningdu County, Ganzhou City, Jiangxi Province; Avalonia project located in Ireland; Qinghai Yiliping lithium salt lake project situated in the Qinghai Province; Goulamina spodumene ore project located in southern Mali, Africa; PPG lithium salt-lake project located in Salta Province, Argentina; and Songshugang tantalum-niobium mine project located in Jiangxi Province.