Ganfeng Lithium Co., Ltd. (OTCMKTS:GNENF) Sees Significant Growth in Short Interest

Ganfeng Lithium Co., Ltd. (OTCMKTS:GNENFGet Rating) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 2,743,400 shares, an increase of 8.0% from the August 15th total of 2,539,600 shares. Based on an average trading volume of 16,900 shares, the days-to-cover ratio is presently 162.3 days.

Ganfeng Lithium Price Performance

Shares of GNENF opened at $8.18 on Tuesday. The firm has a 50-day moving average of $9.08 and a 200-day moving average of $9.35. Ganfeng Lithium has a one year low of $7.88 and a one year high of $20.92.

About Ganfeng Lithium

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Ganfeng Lithium 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; and Goulamina spodumene ore project located in southern Mali, Africa.

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