Short Interest in Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) Expands By 10.0%

Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 139,000 shares, a growth of 10.0% from the November 30th total of 126,400 shares. Based on an average daily trading volume, of 208,900 shares, the days-to-cover ratio is presently 0.7 days.

Graphene Manufacturing Group Stock Down 2.0 %

Shares of GMGMF traded down $0.01 during trading hours on Wednesday, hitting $0.45. The company had a trading volume of 202,238 shares, compared to its average volume of 101,529. Graphene Manufacturing Group has a 52-week low of $0.26 and a 52-week high of $1.09. The stock’s 50 day moving average price is $0.43 and its 200 day moving average price is $0.45.

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.