Focus Graphite Inc. (OTCMKTS:FCSMF) Short Interest Update

Focus Graphite Inc. (OTCMKTS:FCSMF) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 121,170 shares, a drop of 47.0% from the June 30th total of 228,820 shares. Based on an average trading volume of 7,093 shares, the short-interest ratio is presently 17.1 days.

Focus Graphite Price Performance

FCSMF stock traded down $0.01 during midday trading on Wednesday, reaching $0.23. The stock had a trading volume of 104,000 shares, compared to its average volume of 46,038. Focus Graphite has a twelve month low of $0.09 and a twelve month high of $0.54. The business has a fifty day simple moving average of $0.29 and a two-hundred day simple moving average of $0.29.

About Focus Graphite

Focus Graphite Inc (OTCMKTS:FCSMF) is a mineral exploration and development company headquartered in Montreal, Quebec. The company is primarily focused on advancing its flagship Lac Knife flake graphite project in the Gaspésie region of eastern Quebec. Lac Knife hosts a near-surface deposit of high‐quality graphite, and Focus Graphite holds 100% interest in the property. The company’s efforts are centered on resource delineation, environmental permitting and moving the project through feasibility-level studies.

To support project advancement, Focus Graphite has completed technical studies, including a preliminary economic assessment, metallurgical testing and engineering evaluations.