Short Interest in Gratomic Inc. (OTCMKTS:CBULF) Expands By 25.5%

Gratomic Inc. (OTCMKTS:CBULF) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 103,500 shares, an increase of 25.5% from the September 30th total of 82,500 shares. Based on an average daily trading volume, of 41,200 shares, the days-to-cover ratio is presently 2.5 days.

Gratomic Stock Performance

OTCMKTS:CBULF opened at $0.05 on Wednesday. Gratomic has a 12-month low of $0.04 and a 12-month high of $0.16. The stock’s 50 day moving average price is $0.05 and its two-hundred day moving average price is $0.06.

About Gratomic

Gratomic Inc, a junior exploration company, engages in the acquisition, exploration, and development of mineral properties in Namibia, Brazil, and Canada. It explores for base and rare metals, industrial minerals, and precious metals. The company holds a 100% interest in the Aukam graphite project located in the district of Bethanie; and a 100% interest in the Buckingham graphite property that includes eight claim blocks covering an area of approximately 480 hectares located in the Quebec, Canada.