Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) Sees Large Growth in Short Interest

Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF) was the target of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 148,100 shares, an increase of 62.7% from the July 31st total of 91,000 shares. Based on an average daily volume of 181,600 shares, the short-interest ratio is currently 0.8 days.

Graphene Manufacturing Group Trading Down 3.5 %

Shares of OTCMKTS:GMGMF traded down $0.02 during mid-day trading on Friday, reaching $0.41. The company had a trading volume of 91,767 shares, compared to its average volume of 105,316. The company’s 50-day moving average price is $0.45 and its 200-day moving average price is $0.50. Graphene Manufacturing Group has a one year low of $0.26 and a one year high of $1.36.

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.