Short Interest in Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) Drops By 30.3%

Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 3,342,200 shares, a drop of 30.3% from the February 28th total of 4,791,700 shares. Based on an average daily volume of 11,300 shares, the days-to-cover ratio is presently 295.8 days.

Ganfeng Lithium Group Stock Performance

GNENF traded down $0.13 during trading on Tuesday, hitting $2.67. 786 shares of the company’s stock were exchanged, compared to its average volume of 5,682. Ganfeng Lithium Group has a fifty-two week low of $1.75 and a fifty-two week high of $3.65. The business’s 50 day moving average is $2.74 and its two-hundred day moving average is $2.76.

Ganfeng Lithium Group Company Profile

Ganfeng Lithium Group Co, Ltd. manufactures and sells lithium products in Mainland China, rest of Asia, the European Union, North America, and internationally. It operates through three segments: Lithium Metal and Compound, Lithium Battery, and Lithium Ore Resource and Others. The company has interests in the Mount Marion mine located in Australia; Cauchari-Olaroz project situated in Jujuy Province, Northwest Argentina; Mariana project located in Salta Province, Argentina; Sonora project situated in Mexico; Pilbara Pilgangoora lithium-tantalum project located in Western Australia; Ningdu Heyuan mine situated in Ningdu County, Ganzhou City, Jiangxi Province; Avalonia project located in Ireland; Qinghai Yiliping lithium salt lake project situated in the Qinghai Province; Goulamina spodumene ore project located in southern Mali, Africa; PPG lithium salt-lake project located in Salta Province, Argentina; and Songshugang tantalum-niobium mine project located in Jiangxi Province.