Greystone Logistics, Inc. (OTCMKTS:GLGI) Short Interest Up 36.4% in November

Greystone Logistics, Inc. (OTCMKTS:GLGIGet Free Report) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 3,000 shares, an increase of 36.4% from the November 15th total of 2,200 shares. Based on an average daily trading volume, of 19,800 shares, the short-interest ratio is currently 0.2 days.

Greystone Logistics Trading Up 1.0 %

OTCMKTS:GLGI traded up $0.01 on Friday, reaching $1.00. 7,201 shares of the stock traded hands, compared to its average volume of 23,095. The firm has a market capitalization of $28.28 million, a price-to-earnings ratio of 9.09 and a beta of 1.38. Greystone Logistics has a 1-year low of $0.82 and a 1-year high of $2.35. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.44. The company’s 50 day moving average is $1.11 and its 200-day moving average is $1.28.

Greystone Logistics (OTCMKTS:GLGIGet Free Report) last announced its earnings results on Friday, October 18th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $13.46 million during the quarter. Greystone Logistics had a net margin of 6.00% and a return on equity of 15.05%.

About Greystone Logistics

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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.

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