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

Greystone Logistics, Inc. (OTCMKTS:GLGI) 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:GLGI) 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

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.