Greystone Logistics, Inc. (OTCMKTS:GLGI) Short Interest Up 190.5% in August

Greystone Logistics, Inc. (OTCMKTS:GLGIGet Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 6,100 shares, a growth of 190.5% from the August 15th total of 2,100 shares. Based on an average daily trading volume, of 35,400 shares, the short-interest ratio is currently 0.2 days.

Greystone Logistics Price Performance

GLGI stock opened at $0.98 on Thursday. The company has a fifty day simple moving average of $0.96 and a two-hundred day simple moving average of $0.81. Greystone Logistics has a 52 week low of $0.43 and a 52 week high of $1.18. The company has a quick ratio of 0.89, a current ratio of 1.83 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $27.77 million, a P/E ratio of 4.91 and a beta of 1.11.

Greystone Logistics Company Profile

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Greystone Logistics, Inc, through its subsidiaries, manufactures and markets plastic pallets and pelletized recycled plastic resins. 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.

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