Graphite One Inc. (OTCMKTS:GPHOF) Short Interest Update

Graphite One Inc. (OTCMKTS:GPHOF) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 459,924 shares, a decline of 58.5% from the May 14th total of 1,106,940 shares. Based on an average daily volume of 380,138 shares, the days-to-cover ratio is currently 1.2 days.

Graphite One Trading Down 1.5%

OTCMKTS GPHOF traded down $0.01 during trading on Friday, reaching $0.76. The company’s stock had a trading volume of 160,488 shares, compared to its average volume of 271,947. Graphite One has a twelve month low of $0.47 and a twelve month high of $1.93. The business’s fifty day moving average price is $0.85 and its 200-day moving average price is $1.08.

Graphite One Company Profile

Graphite One Inc operates as mineral exploration company in the United States. It holds interest in the Graphite Creek property that consists of 176 mining claims covering an area of 9,600 hectares located on the Seward Peninsula, Alaska. The company was formerly known as Graphite One Resources Inc and changed its name to Graphite One Inc in February 2019. Graphite One Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.