Greystone Logistics, Inc. (OTCMKTS:GLGI) Short Interest Down 96.4% in June

Greystone Logistics, Inc. (OTCMKTS:GLGI) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 100 shares, a decrease of 96.4% from the May 31st total of 2,800 shares. Based on an average daily trading volume, of 12,000 shares, the short-interest ratio is presently 0.0 days.

Greystone Logistics Price Performance

Shares of OTCMKTS GLGI opened at $1.29 on Friday. Greystone Logistics has a 1-year low of $0.75 and a 1-year high of $2.35. The business has a 50-day moving average of $1.17 and a 200-day moving average of $1.18. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.16 and a quick ratio of 1.75. The company has a market capitalization of $36.48 million, a price-to-earnings ratio of 9.21 and a beta of 1.32.

Greystone Logistics (OTCMKTS:GLGI) last released its quarterly earnings results on Monday, April 15th. The company reported $0.01 EPS for the quarter. Greystone Logistics had a return on equity of 21.30% and a net margin of 7.15%. The business had revenue of $13.98 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.