Short Interest in Greystone Logistics, Inc. (OTCMKTS:GLGI) Increases By ∞

Greystone Logistics, Inc. (OTCMKTS:GLGI) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 666 shares, a growth of ∞ from the August 15th total of 0 shares. Based on an average trading volume of 16,695 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Greystone Logistics Trading Up 2.3%

Shares of GLGI stock opened at $0.21 on Tuesday. The stock has a market capitalization of $5.73 million, a price-to-earnings ratio of -0.70 and a beta of -0.04. Greystone Logistics has a 1 year low of $0.14 and a 1 year high of $1.27. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.46 and a quick ratio of 0.28. The company’s fifty day simple moving average is $0.23 and its two-hundred day simple moving average is $0.23.

Greystone Logistics (OTCMKTS:GLGI) last released its quarterly earnings data on Monday, August 31st. The company reported ($0.08) EPS for the quarter. Greystone Logistics had a negative net margin of 29.91% and a negative return on equity of 54.40%. The firm had revenue of $5.56 million during the quarter.

About Greystone Logistics

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. The company was formerly known as PalWeb Corporation and changed its name to Greystone Logistics, Inc in March 2005. Greystone Logistics, Inc was incorporated in 1969 and is based in Tulsa, Oklahoma.