Greystone Logistics, Inc. (OTCMKTS:GLGI) Short Interest Down 16.7% in December

Greystone Logistics, Inc. (OTCMKTS:GLGI) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totalling 2,500 shares, a decrease of 16.7% from the November 30th total of 3,000 shares. Based on an average daily trading volume, of 12,800 shares, the days-to-cover ratio is currently 0.2 days.

Greystone Logistics Trading Down 0.7 %

Shares of OTCMKTS:GLGI traded down $0.01 during trading on Friday, reaching $1.03. The stock had a trading volume of 3,314 shares, compared to its average volume of 22,437. Greystone Logistics has a fifty-two week low of $0.82 and a fifty-two week high of $2.35. The business has a fifty day moving average price of $1.03 and a 200-day moving average price of $1.27. The stock has a market cap of $29.20 million, a P/E ratio of 9.39 and a beta of 1.38. 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 (OTCMKTS:GLGI) last released its earnings results on Friday, October 18th. The company reported $0.01 earnings per share for the quarter. Greystone Logistics had a return on equity of 15.05% and a net margin of 6.00%. The firm had revenue of $13.46 million for the quarter.

Greystone Logistics Company Profile

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.