Short Interest in Focus Graphite Inc. (OTCMKTS:FCSMF) Drops By 39.0%

Focus Graphite Inc. (OTCMKTS:FCSMF) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 27,200 shares, a decline of 39.0% from the February 28th total of 44,600 shares. Based on an average daily trading volume, of 24,100 shares, the days-to-cover ratio is currently 1.1 days.

Focus Graphite Stock Performance

Shares of OTCMKTS:FCSMF remained flat at $0.05 on Friday. The stock has a fifty day moving average price of $0.06 and a two-hundred day moving average price of $0.06. Focus Graphite has a 1 year low of $0.04 and a 1 year high of $0.18.

About Focus Graphite

Focus Graphite Inc, an exploration stage company, acquires, explores, and develops mineral properties in Quebec, Canada. The company explores for graphite, iron, copper, rare-earth elements, and gold deposits. Its flagship project is the Lac Knife property in which it holds 100% interests that consists of 62 claims covering an area of 3,248.18 hectares located in the Côte Nord region of Québec.