Greystone Logistics, Inc. (OTCMKTS:GLGI) Short Interest Update

Greystone Logistics, Inc. (OTCMKTS:GLGIGet Free Report) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 700 shares, a growth of 250.0% from the February 13th total of 200 shares. Based on an average trading volume of 37,100 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Greystone Logistics Price Performance

Shares of GLGI stock opened at $1.03 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.05 and a quick ratio of 1.52. The company has a market capitalization of $28.63 million, a PE ratio of 14.67 and a beta of 1.35. The firm’s 50-day moving average is $1.02 and its two-hundred day moving average is $1.15. Greystone Logistics has a 12 month low of $0.89 and a 12 month high of $1.98.

Greystone Logistics (OTCMKTS:GLGIGet Free Report) last released 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

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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.

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