Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) Short Interest Update

Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 7,417,897 shares, a growth of 36.8% from the February 26th total of 5,422,476 shares. Based on an average daily volume of 3,249 shares, the short-interest ratio is presently 2,283.1 days.

Ganfeng Lithium Group Price Performance

Shares of GNENF stock traded up $0.82 on Friday, reaching $9.30. 8,492 shares of the company were exchanged, compared to its average volume of 7,300. The company has a 50-day moving average of $7.97 and a 200-day moving average of $6.88. Ganfeng Lithium Group has a one year low of $1.99 and a one year high of $9.41.

About Ganfeng Lithium Group

Ganfeng Lithium Group Co, Ltd. (OTCMKTS: GNENF) is one of the world’s leading producers of lithium compounds and materials, with its headquarters in Xinyu, Jiangxi Province, China. Established in December 2000, the company specializes in the extraction, refining and processing of lithium resources, serving as a key supplier to the global electric vehicle and battery industries. Ganfeng’s product portfolio includes battery-grade lithium carbonate, lithium hydroxide and metal lithium, which are integral raw materials for lithium-ion batteries, glass and ceramics, lubricants and other industrial applications.

The company’s core operations encompass upstream mining and exploration, midstream refining and downstream electrode materials and recycling services.