Greystone Logistics, Inc. (OTCMKTS:GLGI) Short Interest Up 614.3% in March

Greystone Logistics, Inc. (OTCMKTS:GLGI) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 5,000 shares, a growth of 614.3% from the February 28th total of 700 shares. Based on an average daily trading volume, of 20,000 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Greystone Logistics Trading Up 2.0 %

Shares of GLGI stock traded up $0.02 during trading hours on Thursday, hitting $1.05. 18,700 shares of the company were exchanged, compared to its average volume of 24,272. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.52 and a current ratio of 2.05. Greystone Logistics has a fifty-two week low of $0.89 and a fifty-two week high of $1.98. The company has a 50 day simple moving average of $1.02 and a two-hundred day simple moving average of $1.12. The firm has a market cap of $29.20 million, a P/E ratio of 14.96 and a beta of 1.35.

Greystone Logistics (OTCMKTS:GLGI) last announced its quarterly earnings data on Tuesday, January 14th. The company reported ($0.01) earnings per share for the quarter. Greystone Logistics had a net margin of 4.23% and a return on equity of 9.78%.

Greystone Logistics Company Profile

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.