Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) Sees Large Decline in Short Interest

Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 7,987,800 shares, a decrease of 17.5% from the May 31st total of 9,679,700 shares. Based on an average daily trading volume, of 16,100 shares, the short-interest ratio is presently 496.1 days.

Ganfeng Lithium Group Stock Down 3.8 %

OTCMKTS GNENF traded down $0.07 during trading on Tuesday, hitting $1.93. The company had a trading volume of 9,482 shares, compared to its average volume of 11,521. Ganfeng Lithium Group has a one year low of $1.76 and a one year high of $6.80. The company’s fifty day moving average is $2.80 and its 200-day moving average is $3.05.

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.