Greystone Logistics, Inc. (OTCMKTS:GLGI) Short Interest Down 60.0% in January

Greystone Logistics, Inc. (OTCMKTS:GLGI) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 1,000 shares, a decline of 60.0% from the December 31st total of 2,500 shares. Based on an average trading volume of 11,400 shares, the short-interest ratio is currently 0.1 days.

Greystone Logistics Stock Performance

Greystone Logistics stock traded up $0.02 on Wednesday, reaching $1.03. 11,672 shares of the stock were exchanged, compared to its average volume of 22,633. The firm has a fifty day moving average price of $1.02 and a two-hundred day moving average price of $1.23. The stock has a market cap of $29.13 million, a PE ratio of 14.71 and a beta of 1.36. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.42. Greystone Logistics has a twelve month low of $0.89 and a twelve month high of $2.35.

Greystone Logistics (OTCMKTS:GLGI) last announced its quarterly earnings data on Tuesday, January 14th. The company reported ($0.01) EPS for the quarter. Greystone Logistics had a net margin of 4.23% and a return on equity of 9.78%.

About Greystone Logistics

Greystone Logistics, Inc, through its subsidiaries, manufactures and markets plastic pallets and pelletized recycled plastic resins in the United States. The company offers rackable, can, nestable, display, monoblock, half-barrel and slim keg stackable, drum, and mid duty pallets. It sells its pallets directly, as well as through a network of independent contractor distributors.