Short Interest in Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) Expands By 10.6%

Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,273,300 shares, an increase of 10.6% from the December 15th total of 2,958,400 shares. Based on an average daily volume of 19,100 shares, the short-interest ratio is presently 171.4 days.

Ganfeng Lithium Group Trading Up 2.3 %

Shares of OTCMKTS:GNENF traded up $0.06 during midday trading on Friday, reaching $2.70. The company had a trading volume of 6,859 shares, compared to its average volume of 10,533. The company has a fifty day simple moving average of $2.83 and a two-hundred day simple moving average of $2.54. Ganfeng Lithium Group has a 1-year low of $1.75 and a 1-year high of $3.65.

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.