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

by · The Cerbat Gem

Greystone Logistics, Inc. (OTCMKTS:GLGI – Get Free Report) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 1,000 shares, a decrease of 60.0% from the December 15th total of 2,500 shares. Based on an average trading volume of 11,400 shares, the days-to-cover ratio is presently 0.1 days.

Greystone Logistics Price Performance

Shares of OTCMKTS GLGI traded down $0.01 during midday trading on Tuesday, hitting $1.02. The stock had a trading volume of 9,874 shares, compared to its average volume of 12,947. The company has a quick ratio of 1.54, a current ratio of 2.11 and a debt-to-equity ratio of 0.44. Greystone Logistics has a 1 year low of $0.89 and a 1 year high of $2.35. The company has a market capitalization of $28.85 million, a PE ratio of 9.27 and a beta of 1.36. The stock has a 50 day simple moving average of $1.00 and a 200-day simple moving average of $1.25.

Greystone Logistics (OTCMKTS:GLGI – Get Free Report) last announced its earnings results on Tuesday, January 14th. The company reported ($0.01) earnings per share (EPS) for the quarter. Greystone Logistics had a return on equity of 15.05% and a net margin of 6.00%.

About Greystone Logistics

(Get Free Report)

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.

Further Reading