Short Interest in Greenway Technologies, Inc. (OTCMKTS:GWTI) Declines By 44.3%

by · The Markets Daily

Greenway Technologies, Inc. (OTCMKTS:GWTI – Get Free Report) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 29,059 shares, a decrease of 44.3% from the June 15th total of 52,201 shares. Based on an average daily trading volume, of 27,710 shares, the days-to-cover ratio is currently 1.0 days.

Greenway Technologies Stock Up 11.4%

Shares of GWTI stock traded up $0.00 during mid-day trading on Thursday, reaching $0.03. 2,150 shares of the company were exchanged, compared to its average volume of 61,088. The business’s 50 day simple moving average is $0.02 and its 200 day simple moving average is $0.03. Greenway Technologies has a fifty-two week low of $0.01 and a fifty-two week high of $0.07.

About Greenway Technologies

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Greenway Technologies, Inc, through its subsidiary, Greenway Innovative Energy, Inc, engages in the research, development, and commercialization of gas-to-liquids syngas conversion systems to meet individual natural gas field/resource requirements. The company offers G-Reformer units to process various natural gas streams, including pipeline gas, associated gas, flared gas, vented gas, coal-bed methane, and/or biomass gas. It also owns mining claims covering approximately 1,440 acres on Bureau of Land Management land located in Mohave County, Arizona.

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