Short Interest in Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) Increases By 63.1%

Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 363,200 shares, an increase of 63.1% from the October 15th total of 222,700 shares. Based on an average daily volume of 26,500 shares, the short-interest ratio is presently 13.7 days.

Ganfeng Lithium Group Stock Performance

GNENF opened at $3.06 on Thursday. The stock has a fifty day moving average of $2.63 and a 200-day moving average of $2.53. Ganfeng Lithium Group has a 12-month low of $1.75 and a 12-month high of $3.85.

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.