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

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

Ganfeng Lithium Group Stock Performance

OTCMKTS GNENF traded down $0.13 on Tuesday, reaching $2.67. 786 shares of the stock traded hands, compared to its average volume of 5,682. Ganfeng Lithium Group has a 12 month low of $1.75 and a 12 month high of $3.65. The firm’s fifty day simple moving average is $2.74 and its 200 day simple 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.